Vermilion Energy Inc reports results for the quarter ended in September - Earnings Summary

Vermilion Energy

02/11/2023 05:12

* Vermilion Energy Inc  VET.TO  reported quarterly adjusted
earnings of 34 cents​​ per share for the quarter ended in
September, lower than the same quarter last year, when the
company reported EPS of C$1.61.  The mean expectation of
four analysts for the quarter was for earnings of 43 cents per
share. Wall Street expected results to range from 28 cents to 74
cents per share.
    * Revenue fell 48.8% to C$494.58 million from a year ago;
analysts
expected C$526.50 million. 
    * Vermilion Energy Inc's reported EPS for the quarter was 34
cents​.
    * The company reported quarterly net income of C$57.31
million.
    * Vermilion Energy Inc shares had risen by 0.7% this
quarter and
lost 16.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the integrated
oil &
gas peer group is also "buy"

Wall Street's median 12-month price target for Vermilion Energy
Inc is C$25.00 
This summary was machine generated from LSEG data November 2 at
05:12 a.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.58           0.71           Missed
 Jun. 30 2023      1.58           1.04           Missed
 Mar. 31 2023      1.59           2.32           Beat
 Dec. 31 2022      1.58           2.95           Beat