NGL Energy Partners: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
NGL Energy Partners (NYSE:NGL) reported Q4 earnings with an EPS of $-0.51, missing estimates by 440.0%. Revenue was down $485 million from the same period last year.
May 31, 2023 | 8:40 pm
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NGL Energy Partners missed Q4 earnings estimates by 440.0%, reporting an EPS of $-0.51. Revenue was down $485 million YoY.
NGL Energy Partners reported a significant miss in Q4 earnings, with an EPS of $-0.51 compared to an estimate of $0.15. This negative surprise, combined with a decrease in revenue, is likely to have a negative short-term impact on the stock price.
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