Adams Resources & Energy (AE) Reports Q3 Loss, Tops Revenue Estimates

Adams Resources & Energy (AE) came out with a quarterly loss of $1.76 per share versus the Zacks Consensus Estimate of a loss of $0.56. This compares to loss of $0.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -214.29%. A quarter ago, it was expected that this oil and gas company would post a loss of $0.21 per share when it actually produced a loss of $0.87, delivering a surprise of -314.29%.Over the last four quarters, t ...