Genesis Energy, L.P. Reports First Quarter 2021 Results
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Genesis Energy (GEL) Misses Q1 EPS by 36c, Revenues Beat
May 5, 2021 6:13 AM EDTGenesis Energy (NYSE: GEL) reported Q1 EPS of ($0.43), $0.36 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $521.22 million versus the consensus estimate of $409.92 million.
We generated the following financial results for the first quarter of 2021:
Net Loss Attributable to Genesis Energy, L.P. of $34.2 million for the first quarter of 2021, compared to Net Income Attributable to Genesis Energy, L.P. of $24.9 million for the same period in 2020.Cash Flows from Operating Activities of $77.2 million for the first quarter of 2021 compared to $89.6 million for the same period... More