Genesis Energy, L.P. Reports Fourth Quarter 2018 Results
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Genesis Energy (GEL) Misses Q4 EPS by 45c, Revenues Miss
February 20, 2019 6:17 AM ESTGenesis Energy (NYSE: GEL) reported Q4 EPS of ($0.35), $0.45 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $689.3 million versus the consensus estimate of $737.4 million.
Net Loss Attributable to Genesis Energy, L.P. of $24.8 million for the fourth quarter of 2018 compared to Net Income Attributable to Genesis Energy, L.P. of $15.5 million for the same period in 2017.Cash Flows from Operating Activities of $82.5 million for the fourth quarter of 2018 compared to $117.2 million for the same period in 2017, a decrease of $34.8 million, principally due to an increase in... More