Genie Energy Q4 Adj EPS $0.37 Down From $0.61 YoY, Sales $104.90M Up From $81.40M YoY
Portfolio Pulse from Benzinga Newsdesk
Genie Energy reported a decrease in Q4 adjusted EPS to $0.37 from $0.61 YoY, while sales increased to $104.90M from $81.40M YoY.
March 11, 2024 | 11:32 am
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NEUTRAL IMPACT
Genie Energy's Q4 earnings report shows a significant decrease in adjusted EPS but an increase in sales compared to last year.
The decrease in adjusted EPS could concern investors looking for profitability, while the increase in sales might indicate growing business operations. The mixed results make the short-term impact on the stock price uncertain, hence a neutral score.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100