A Sneak Peek At Genie Energy Ltd. ($GNE) Q3 2024 Earnings

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The exciting news about Genie Energy Ltd. (NYSE: GNE) will be shared on Wednesday 6th November 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen before market open.

Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $381.45 million.

During the same quarter of the previous year, the company made public its income of $0.53 per share, which were derived from a quarterly revenue of $125 million.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.37 -17.8% 90.70 M -3.0%
Q1 2024 $0.33 -38.9% 119.69 M +13.7%
Q4 2023 $0.37 -39.3% 104.90 M +28.9%
Q3 2023 $0.53 -24.3% 125.00 M +53.8%
Q2 2023 $0.45 -65.4% 93.46 M +24.6%
*Growth on year-over-year basis

 

GNE will host a conference call with investment community on 6th November 2024 at 08:30 AM eastern time to discuss the financial results.

Genie Energy Ltd. (GNE) closed Friday's regular trading session at $15.45, indicating a 1.72 percent drop, with a volume of 49.80 thousand shares.