March 12, 2025
Genie Energy Sees Yearly Decline in Q4 Earnings Amid Ongoing Margin Challenges for 2025
Genie Energy Reports Mixed Q4 Results Amid Margin Pressures Shares of Genie Energy Ltd. (GNE) have decreased by 6.3% since the announcement of fourth-quarter 2024 results, in contrast to a 2.8% decline in the S&P 500 index during the same period. Over the past month, the stock has slipped 1.7%, whereas the S&P 500 has fallen by 8.3%. Fourth Quarter Financial Overview Genie Energy reported earnings per share (EPS) of 24 cents for the fourth quarter of 2024, which reflects a significant decrease of 33.9% compared to 37 cents in the prior-year quarter. The company’s consolidated revenues in Q4 2024