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

Vertex Energy

03/11/2023 15:17

* Vertex Energy Inc  VTNR.OQ   VTNR.O  is expected to show a
rise
in quarterly revenue when it reports  results 
    * The Houston Texas-based  company is expected to report  a
11.1% increase in revenue to $900.259 million from $810.21
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Vertex Energy Inc
is for
earnings of 14 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 $8​, above​ its last closing price of $4.42. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.20        0.15       0.28      Beat    86.7
 ​​Jun.        1.28        1.24       -0.62     Missed  -149.9
 30 2022                                                
 Mar. 31 2022  -0.14       -0.14      -0.08     Beat    41.5​
 Dec. 31 2021  -0.01       0.01       -0.15     Missed  -1,600
 Sep. 30 2021  0.04        0.01       0.12      Beat    788.9
 This summary was machine generated November 3 at 15:17 GMT.  All
figures in US dollars  unless otherwise stated