Genie Energy (GNE) Posts Quarterly Earnings Results, Misses Expectations By $0.06 EPS
Genie Energy (NYSE:GNE) issued its quarterly earnings data on Tuesday. The company reported ($0.24) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.18) by $0.06, ARN reports.
Genie Energy (NYSE:GNE) opened at 7.58 on Tuesday. Genie Energy has a 1-year low of $6.75 and a 1-year high of $17.80. The stock has a 50-day moving average of $7.28 and a 200-day moving average of $8.51. The company’s market cap is $187.0 million.
Genie Energy Ltd. is consisted of IDT Energy, a retail energy provider, and Genie Oil and Gas (NYSE:GNE), which develops the Company’s unconventional energy initiatives, including oil shale development projects in Colorado and Israel.
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