Spark Energy, Inc. (NASDAQ:SPKE) independent retail energy services provider, is reporting third quarter earnings results on Wednesday 4th November 2020, before market open.
Previous Quarter Performance
Spark Energy, Inc. revealed income for the second quarter of $ 0.62 per share, from the revenue of $ 128.54 million. The quarterly revenues shrunk 27.71 percent compared with the same quarter last year. The consensus estimates are $ 184.70 million in revenue The top line results fell short of analysts by $ 56.16 million or 30.41 percent.
Stock Performance
Shares of Spark Energy, Inc. traded up $ 0.26 or 2.85 percent on Tuesday, reaching $ 9.39 with volume of 73.10 thousand shares. Spark Energy, Inc. has traded high as $ 9.53 and has cracked $ 9.23 on the downward trend
According to the previous trading day, closing price of $ 9.39, representing a 73.90 % increase from the 52 week low of $ 5.25 and a 20.4 % decrease over the 52 week high of $ 11.47.
The company has a market capital of $ 333.09 million and is part of the Utilities sector and Utilities – Regulated Electric industry.
Conference Call
Spark Energy, Inc. will be hosting a conference call at 11:00 AM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.sparkenergy.com
Spark Energy, Inc., through its subsidiaries, operates as an independent retail energy services company in the United States. It operates through two segments, Retail Electricity and Retail Natural Gas. The company engages in the retail distribution of electricity and natural gas to residential and commercial customers.
