Vertex Energy Inc expected to post a loss of 15 cents a share - Earnings Preview

Vertex Energy

07/05/2024 19:05

* Vertex Energy Inc  VTNR.OQ   VTNR.O  is expected to show a
fall
in quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The Houston Texas-based  company is expected to report a
0.0% decrease in revenue to $690.819 million from $691.14
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Vertex Energy Inc is for
a
loss of 15 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 had fallen by
about 31.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Vertex
Energy Inc
is $2.75​, above​ its last closing price of $1.36. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.20       -0.14      -0.74     Missed  -420.5
 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.        0.41        0.40       0.71      Beat    79
 31 2022                                                
 Sep. 30 2022  0.20        0.15       0.28      Beat    86.7​
 Jun. 30 2022  1.28        1.24       -0.62     Missed  -149.9
 Mar. 31 2022  -0.14       -0.14      -0.08     Beat    41.5
 This summary was machine generated May 7 at 18:05 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)