Vertex Energy Inc expected to post a loss of 14 cents a share - Earnings Preview

Vertex Energy

26/02/2024 15:55

* Vertex Energy Inc  VTNR.OQ   VTNR.O  is expected to show a
fall
in quarterly revenue when it reports  results on February 28 for
the period ending December 31 2023
    * The Houston Texas-based  company is expected to report a
16.3% decrease in revenue to $733.067 million from $876.29
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. (Sales is on Total Revenue Basis,
Quarters may not add upto annual due to difference in broker
actual.)
    * ​LSEG's mean analyst estimate for Vertex Energy Inc is for
a
loss of 14 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Vertex
Energy Inc
is $4.00​, above​ its last closing price of $1.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.17        0.14       0.17      Beat    18.2
 Jun. 30 2023  -0.29       -0.28      -1.03     Missed  -263.5
 Mar. 31 2023  0.23        0.15       0.68      Beat    342.8​
 Dec. 31 2022  0.41        0.40       0.71      Beat    79
 ​​Sep.        0.20        0.15       0.28      Beat    86.7
 30 2022                                                
 Jun. 30 2022  1.28        1.24       -0.62     Missed  -149.9
                                                        ​
 Mar. 31 2022  -0.14       -0.14      -0.08     Beat    41.5
 Dec. 31 2021  -0.01       0.01       -0.15     Missed  -1,600
 This summary was machine generated February 26 at 15:55 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)