Vertex Energy Inc expected to post a loss of 16 cents a share - Earnings Preview

Vertex Energy

06/08/2024 19:35

* Vertex Energy Inc  VTNR.OQ   VTNR.O  is expected to show a
fall
in quarterly revenue when it reports  results on August 8 for
the period ending June 30 2024
    * The Houston Texas-based  company is expected to report a
1.5% decrease in revenue to $723.735 million from $734.89
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Vertex Energy Inc is for
a
loss of 16 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"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 $2.00​, above​ its last closing price of $0.67. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.18       -0.15      -0.19     Missed  -27.2
 Dec. 31 0001  -0.20       -0.14      -0.74     Missed  -420.5
 Sep. 30 2023  0.17        0.14       0.17      Beat    18.2​
 Jan. 1 0001   -0.29       -0.28      -1.03     Missed  -263.5
 ​​Mar.        0.23        0.15       0.68      Beat    342.8
 31 2023                                                
 Dec. 31 2022  0.41        0.40       0.71      Beat    79​
 Jan. 1 0001   0.20        0.15       0.28      Beat    86.7
 Jun. 30 2022  1.28        1.24       -0.62     Missed  -149.9
 This summary was machine generated August 6 at 18:35 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)