Energy Transfer (NYSE:ET) reported its Q1 earnings results on Tuesday, May 2, 2023 at 04:10 PM.
Here’s what investors need to know about the announcement.
Earnings
Energy Transfer missed estimated earnings by 15.79%, reporting an EPS of $0.32 versus an estimate of $0.38.
Revenue was down $1.50 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 0.68% drop in the share price the next day.
Here’s a look at Energy Transfer’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.38 | 0.37 | 0.35 | 0.32 |
| EPS Actual | 0.34 | 0.29 | 0.39 | 0.37 |
| Revenue Estimate | 23.81B | 24.04B | 20.40B | 18.76B |
| Revenue Actual | 20.50B | 22.94B | 25.95B | 20.49B |
To track all earnings releases for Energy Transfer visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
