Genesis Energy Q3 2024 GAAP EPS $(0.32), Sales $714.297M Down From $807.618M YoY
Portfolio Pulse from Benzinga Newsdesk
Genesis Energy reported a Q3 2024 GAAP EPS loss of $(0.32) and sales of $714.297 million, marking an 11.56% decrease from the previous year's $807.618 million.
October 31, 2024 | 10:03 am
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NEGATIVE IMPACT
Genesis Energy reported a Q3 2024 GAAP EPS loss of $(0.32) and a significant decrease in sales by 11.56% compared to the previous year.
The reported loss per share and the significant year-over-year decrease in sales indicate potential financial challenges for Genesis Energy. This negative performance is likely to impact investor sentiment and could lead to a short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100