Vertex Energy Inc expected to post a loss of 28 cents a share - Earnings Preview

Vertex Energy

07/08/2023 19:09

* Vertex Energy Inc  VTNR.OQ   VTNR.O  is expected to show a
fall
in quarterly revenue when it reports  results on August 9. 
    * The Houston Texas-based  company is expected to report  a
28.6% decrease in revenue to $707.741 million from $991.84
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Vertex Energy Inc
is for
a loss of 28 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $10​, above​ its last closing price of $5.03. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.23        0.15       0.68      Beat    342.8
 Dec. 31 2023  0.41        0.40       0.71      Beat    79
 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.        -0.14       -0.14      -0.08     Beat    41.5
 31 2022                                                
 Dec. 31 2021  -0.01       0.01       -0.15     Missed  -1,600
                                                        ​
 Sep. 30 2021  0.04        0.01       0.12      Beat    788.9
 Jun. 30 2021  0.00        0.01       -0.38     Missed  -5,797
                                                        .2
 This summary was machine generated August 7 at 18:09 GMT.  All
figures in US dollars  unless otherwise stated