NGL Energy Partners: Q3 Earnings Insights

NGL Energy Partners (NYSE:NGL) reported its Q3 earnings results on Thursday, February 8, 2024 at 04:33 PM. Here’s…

NGL Energy Partners (NYSE:NGL) reported its Q3 earnings results on Thursday, February 8, 2024 at 04:33 PM.

Here’s what investors need to know about the announcement.

Earnings

NGL Energy Partners beat estimated earnings by 166.67%, reporting an EPS of $0.08 versus an estimate of $0.03.

Revenue was down $269.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04 which was followed by a 5.05% drop in the share price the next day.

Here’s a look at NGL Energy Partners’s past performance:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate -0.01 0.16 0.15 0.12
EPS Actual -0.05 -0.11 0.10 0.19
Revenue Estimate 2.09B 2.11B 2.32B 2.63B
Revenue Actual 1.84B 1.62B 2.05B 2.14B

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.

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