Adams Resources & Energy (AMEX:AE) reported its Q1 earnings results on Monday, May 16, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Adams Resources & Energy missed estimated earnings by 175.0%, reporting an EPS of $-0.24 versus an estimate of $0.32.
Revenue was up $448.75 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.4 which was followed by a 5.26% drop in the share price the next day.
Here's a look at Adams Resources & Energy's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.04 | 0.75 | -0.01 | 0.58 |
| EPS Actual | 0.64 | 0.41 | 0.44 | -0.61 |
| Revenue Estimate | 622.17M | 523.95M | 336.50M | 325.49M |
| Revenue Actual | 644.79M | 568.18M | 486.74M | 325.49M |
Listen to the earnings announcement yourself by clicking here.
To track all earnings releases for Adams Resources & Energy visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
