NGL Energy Partners (NYSE:NGL) reported its Q2 earnings results on Thursday, November 9, 2023 at 04:23 PM.
Here’s what investors need to know about the announcement.
Earnings
NGL Energy Partners missed estimated earnings by 400.0%, reporting an EPS of $-0.05 versus an estimate of $-0.01.
Revenue was down $168.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.27 which was followed by a 7.24% drop in the share price the next day.
Here’s a look at NGL Energy Partners’s past performance:
| Quarter | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.16 | 0.15 | 0.12 | 0.09 |
| EPS Actual | -0.11 | 0.10 | 0.19 | -0.21 |
| Revenue Estimate | 2.11B | 2.32B | 2.63B | 2.64B |
| Revenue Actual | 1.62B | 2.05B | 2.14B | 2.01B |
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.
