Adams Resources and Energy Inc (AE)
Sector • Energy Industry • Oil Refineries |
Industry • Oil Refineries |
Sector • Energy |
Strong Double Digit Earnings per Share advance by 38.89 % at the company during the financial time-frame ending September 30 2022
Adams Resources And Energy Inc recorded fourth quarter of 2022 operating deficit of $-8.33 millions
Published Mar 24 2023
CSIMarket Team / CSIMarket.com
For the financial time-frame ending September 30 2022 profit per share went up by 38.89 % of $0.50 per share compare to $0.36 a year prior and profits fell by -10.71 % from $0.56 per share from the prior financial reporting period.
Revenues rose strongly by 50.111 % to $852.90 millions from $568.18 millions in the similar financial reporting period a year prior and sequentially Revenue deteriorated by -14.026 % from $992.05 millions.
Net income of $2.190 millions in the financial time-frame ending September 30 2022 increased by 41.66 % from net earnings of $1.546 millions reported in the financial time-frame ending September 30 2022 a year ago. Adams Resources And Energy Inc shifted it's focus on improving sales in the financial time-frame ending September 30 2022, as a result net margin eased to 0.26%.
Operating earnings, on the other hand, improved just 30.07% to $2.993 millions.
Adams Resources And Energy Inc is expected to report next financial results on May 15, 2023.
Revenues rose strongly by 50.111 % to $852.90 millions from $568.18 millions in the similar financial reporting period a year prior and sequentially Revenue deteriorated by -14.026 % from $992.05 millions.
Net income of $2.190 millions in the financial time-frame ending September 30 2022 increased by 41.66 % from net earnings of $1.546 millions reported in the financial time-frame ending September 30 2022 a year ago. Adams Resources And Energy Inc shifted it's focus on improving sales in the financial time-frame ending September 30 2022, as a result net margin eased to 0.26%.
Operating earnings, on the other hand, improved just 30.07% to $2.993 millions.
Adams Resources And Energy Inc is expected to report next financial results on May 15, 2023.