Genesis Energy Q2 2024 GAAP EPS $(0.25) Down From $0.22 YoY, Sales $756.261M Down From $804.662M YoY
Portfolio Pulse from Benzinga Newsdesk
Genesis Energy (NYSE:GEL) reported a significant decline in its Q2 2024 financial performance, with a GAAP EPS of $(0.25), down 213.64% from $0.22 YoY, and sales of $756.261 million, down 6.02% from $804.662 million YoY.
August 01, 2024 | 10:02 am
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Genesis Energy reported a significant decline in Q2 2024 financial performance, with a GAAP EPS of $(0.25), down 213.64% from $0.22 YoY, and sales of $756.261 million, down 6.02% from $804.662 million YoY.
The significant decline in both EPS and sales indicates a poor financial performance for Genesis Energy, which is likely to negatively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100