CORRECTION: Genie Energy Q1 EPS $0.11 Misses $0.18 Estimate, Sales $142.300M Beat $123.830M Estimate
Genie Energy (NYSE:GNE) reported quarterly earnings of $0.11 per share which missed the analyst consensus estimate of $0.18 by 38.89 percent. This is a 72.5 percent decrease over earnings of $0.40 per share from the same period last year. The company reported quarterly sales of $142.300 million which beat the analyst consensus estimate of $123.830 million by 14.92 percent. This is a 4.02 percent increase over sales of $136.800 million the same period last year.
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