Advertisement
Australia markets closed
  • ALL ORDS

    8,416.60
    -57.70 (-0.68%)
     
  • ASX 200

    8,150.00
    -55.20 (-0.67%)
     
  • AUD/USD

    0.6801
    -0.0043 (-0.63%)
     
  • OIL

    74.69
    +0.98 (+1.33%)
     
  • GOLD

    2,665.90
    -13.30 (-0.50%)
     
  • Bitcoin AUD

    91,730.95
    +2,480.17 (+2.78%)
     
  • XRP AUD

    0.79
    +0.02 (+2.17%)
     
  • AUD/EUR

    0.6195
    -0.0002 (-0.04%)
     
  • AUD/NZD

    1.1033
    +0.0025 (+0.23%)
     
  • NZX 50

    12,619.94
    +47.28 (+0.38%)
     
  • NASDAQ

    19,973.64
    +180.30 (+0.91%)
     
  • FTSE

    8,280.63
    -1.89 (-0.02%)
     
  • Dow Jones

    42,235.00
    +223.41 (+0.53%)
     
  • DAX

    19,120.93
    +105.52 (+0.55%)
     
  • Hang Seng

    22,736.87
    +623.36 (+2.82%)
     
  • NIKKEI 225

    38,635.62
    +83.56 (+0.22%)
     

Genie Energy Second Quarter 2024 Earnings: EPS: US$0.37 (vs US$0.46 in 2Q 2023)

Genie Energy (NYSE:GNE) Second Quarter 2024 Results

Key Financial Results

  • Revenue: US$90.7m (down 3.0% from 2Q 2023).

  • Net income: US$9.76m (down 17% from 2Q 2023).

  • Profit margin: 11% (down from 13% in 2Q 2023).

  • EPS: US$0.37 (down from US$0.46 in 2Q 2023).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Genie Energy shares are down 8.1% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Genie Energy you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.