Investing.com - Adams Resources&Energy reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Adams Resources&Energy announced earnings per share of $1.06 on revenue of $852.9M. Analysts polled by Investing.com anticipated EPS of $0.72 on revenue of $850.74M.
Adams Resources&Energy shares are down 53.92% from the beginning of the year , still down 4.21% from its 52 week high of $41.82 set on Thursday, November 10, 2022.
Adams Resources&Energy follows other major Energy sector earnings this month
Adams Resources&Energy's report follows an earnings beat by Exxon Mobil on Friday, October 28, 2022, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday, October 28, 2022 with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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