Genesis Energy LP expected to post a loss of 3 cents a share - Earnings Preview
02/08/2021 17:38
* Genesis Energy LP GEL.N GEL is expected to show a rise in
quarterly revenue when it reports results on August 4.
* The Houston, Texas-based company is expected to report a
15.0% increase in revenue to $446.678 million from $388.47
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data.
* Refinitiv's mean analyst estimate for Genesis Energy LP is
for a loss of 3 cents per share. For the same quarter last year,
the company reported a loss of 55 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the
last three months.
* Wall Street's median 12-month price target for Genesis Energy
LP is $12, about 16.5% above its last closing price
of $10.02.
* Previous quarterly performance (using preferred earnings
measure in US dollars).
QUARTER STARMINE REFINITIV ACTUAL BEAT, SURPRI
ENDING SMARTESTIM IBES MET, SE %
ATE® ESTIMATE MISSED
Mar. 31 2021 -0.17 -0.07 -0.43 Missed -485
Dec. 31 2020 -0.01 -0.06 -0.60 Missed -983
Sep. 30 2020 -0.03 0.00 -0.39 Missed
Jun. 30 2020 -0.11 -0.06 -0.55 Missed -858.2
Mar. 0.06 0.06 0.05 Missed -15.5
31 2020
Dec. 31 2019 0.05 0.05 0.03 Missed -39.4
Sep. 30 2019 0.11 0.10 -0.01 Missed -110.2
Jun. 30 2019 0.12 0.19 0.17 Missed -8.8
This summary was machine generated August 2 at 16:38 GMT. All
figures in US dollars unless otherwise stated