Vaalco Energy Inc Expected To Post Earnings Of 12 Cents A Share: Earnings Preview

VAALCO Energy

11/03/2024 20:43

* VAALCO Energy Inc  EGY.N   EGY  is expected to show a rise
in
quarterly revenue when it reports  results on March 13 for the
period ending December 31 2023
    * The Houston Texas-based  company is expected to report a
33.6% increase in revenue to $129.066 million from $96.59
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for VAALCO Energy Inc is for
earnings of 12 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for VAALCO
Energy Inc
is $8.30​, above​ its last closing price of $4.29. ​​​

The company's guidance on November 7 2023 for the period ended
December 31 was for Capital Expenditures between USD9.5 million
and USD12 million.
This summary was machine generated March 11 at 20:43 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)