Genesis Energy, L.P. Reports First Quarter 2019 Results

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Go back to Genesis Energy, L.P. Reports First Quarter 2019 Results

Genesis Energy (GEL) Misses Q1 EPS by 22c, Revenues Miss

May 2, 2019 6:12 AM EDT

Genesis Energy (NYSE: GEL) reported Q1 EPS of ($0.02), $0.22 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $620.01 million versus the consensus estimate of $719.55 million.

We generated the following financial results for the first quarter of 2019:

Net Income Attributable to Genesis Energy, L.P. of $16.0 million for the first quarter of 2019 compared to Net Income Attributable to Genesis Energy, L.P. of $8.0 million for the same period in 2018.Cash Flows from Operating Activities of $114.0 million for the first quarter of 2019 compared to $86.3 million for the same... More