Adams Resources: Q3 Earnings Snapshot
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HOUSTON (AP) — HOUSTON (AP) — Adams Resources & Energy Inc. (AE) on Wednesday reported third-quarter profit of $2.3 million.
On a per-share basis, the Houston-based company said it had profit of 88 cents. Losses, adjusted for one-time gains and costs, were 72 cents per share.
The oil and gas company posted revenue of $760.6 million in the period.
Adams Resources shares have decreased 18% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $31.73, a decline of 20% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AE at https://www.zacks.com/ap/AE
