Genesis Energy, L.P. Reports Fourth Quarter 2019 Results
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Genesis Energy (GEL) Misses Q4 EPS by 2c, Revenues Miss
February 19, 2020 6:12 AM ESTGenesis Energy (NYSE: GEL) reported Q4 EPS of $0.03, $0.02 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $604.33 million versus the consensus estimate of $697.5 million.
We generated the following financial results for the fourth quarter of 2019:
Net Income Attributable to Genesis Energy, L.P. of $22.4 million for the fourth quarter of 2019 compared to Net Loss Attributable to Genesis Energy, L.P. of $24.8 million for the same period in 2018.Cash Flows from Operating Activities of $50.6 million for the fourth quarter of 2019 compared to $82.5 million for the same period... More