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CorEnergy Infrastructure Trust Third Quarter 2022 Earnings: US$1.17 loss per share (vs US$0.024 profit in 3Q 2021)

CorEnergy Infrastructure Trust (NYSE:CORR) Third Quarter 2022 Results

Key Financial Results

  • Revenue: US$33.0m (down 11% from 3Q 2021).

  • Net loss: US$18.5m (down from US$376.2k profit in 3Q 2021).

  • US$1.17 loss per share (down from US$0.024 profit in 3Q 2021).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

CorEnergy Infrastructure Trust shares are up 7.3% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for CorEnergy Infrastructure Trust you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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