NGL Energy Partners (NYSE:NGL) reported its Q4 earnings results on Wednesday, May 31, 2023 at 04:37 PM.
Here’s what investors need to know about the announcement.
Earnings
NGL Energy Partners missed estimated earnings by 440.0%, reporting an EPS of $-0.51 versus an estimate of $0.15.
Revenue was down $485.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 21.64% increase in the share price the next day.
Here’s a look at NGL Energy Partners’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.12 | 0.09 | 0.19 | |
| EPS Actual | 0.19 | -0.21 | -0.04 | -0.43 |
| Revenue Estimate | 2.63B | 2.64B | 1.86B | 2.43B |
| Revenue Actual | 2.14B | 2.01B | 2.50B | 2.53B |
To track all earnings releases for NGL Energy Partners visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
