Genie Energy Reports Y/Y Declines in Earnings & Revenues in Q3 [Yahoo! Finance]
Genie Energy Ltd. Class B Stock (GNE)
Last genie energy ltd. class b stock earnings: 11/8 07:30 am
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Source: Yahoo! Finance
While GNE continues to navigate variable demand in the energy sector, its focus on expanding its renewables segment and optimizing customer acquisition strategies has set the stage for growth. With strategic shifts in key areas, particularly in the renewables sector, Genie Energy is positioning itself to capitalize on emerging opportunities in the retail and utility-scale markets. The company's earnings per share for third-quarter 2024 were 38 cents, a 28.3% decrease from 53 cents in the prior-year quarter. Total quarterly revenues of $111.9 million declined 10.5% from $125 million in the year-ago quarter. The quarterly results were affected by reduced electricity consumption per meter due to milder summer and increased customer acquisition costs in the retail segment. Genie Energy Ltd. price-consensus-eps-surprise-chart | Genie Energy Ltd. Quote The company specializes in energy services, managing its operations through two primary segments: Genie Retail Energy (GRE) : Th
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News
- Genie Energy Closes on Solar Generation Project FinancingGlobeNewswire
- Genie Energy's (NYSE:GNE) Soft Earnings Don't Show The Whole Picture [Yahoo! Finance]Yahoo! Finance
- Genie Energy's (NYSE:GNE) Dividend Will Be $0.075 [Yahoo! Finance]Yahoo! Finance
- It Might Not Be A Great Idea To Buy Genie Energy Ltd. (NYSE:GNE) For Its Next Dividend [Yahoo! Finance]Yahoo! Finance
- Individual investors account for 41% of Genie Energy Ltd.'s (NYSE:GNE) ownership, while institutions account for 36% [Yahoo! Finance]Yahoo! Finance
GNE
Sec Filings
- 11/20/24 - Form 144
- 11/19/24 - Form 8-K
- 11/14/24 - Form 4
- GNE's page on the SEC website