Genie Energy Ltd reports results for the quarter ended June 30 - Earnings Summary
Genie Energy Ltd reports results for the quarter ended June 30 - Earnings Summary
Genie Energy Ltd GNE.N reported quarterly adjusted earnings of 43 cents per share for the quarter ended June 30. The lone analyst forecast for the quarter was for earnings of 25 cents per share.
Revenue was $100.40 million; analysts expected $104.57 million.
Genie Energy Ltd's reported EPS for the quarter was 43 cents.
The company reported quarterly net income of $11.38 million.
Genie Energy Ltd shares had fallen by 2.3% this quarter and gained 2.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 7.4% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is also "buy"
Wall Street's median 12-month price target for Genie Energy Ltd is $16.00, about 11.8% above its last closing price of $14.12
This summary was machine generated from LSEG data August 6 at 02:02 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.25 | 0.43 | Beat |
Mar. 31 2026 | 0.18 | 0.11 | Missed |
Dec. 31 2025 | 0.07 | 0.14 | Beat |
Sep. 30 2025 | 0.56 | 0.26 | Missed |