Adams Resources & Energy reported a larger-than-expected Q loss of $0.87/share, missing revenue estimates by $74M.

Adams Resources & Energy (AE) reported a larger-than-expected Q loss of $0.87/share, missing analyst estimates by $0.66. Revenue was $718.49M vs. $644.24M estimates. The company announced a $0.24/share quarterly dividend to be paid on Sept 27th, downgraded from a "strong-buy" to "buy" by StockNews. The company has a market cap of $60.56M, P/E ratio of 35.21, and a debt-to-equity ratio of 0.38.

August 09, 2024
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