Vertex Energy Inc expected to post earnings of 40  cents a share - Earnings Preview

Vertex Energy

24/02/2023 17:52

* Vertex Energy Inc  VTNR.OQ   VTNR.O  is expected to show a
rise
in quarterly revenue when it reports  results on February 28. 
    * The Houston Texas-based  company is expected to report  a
2,847.8% increase in revenue to $912.577 million from $30.96
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Vertex Energy Inc
is for
earnings of 40 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 $15​, above​ its last closing price of $8.24. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Dec. 31 2021  -0.01       0.01       -0.15     Missed  -1,600
 ​​Sep.        0.04        0.01       0.12      Beat    788.9
 30 2021                                                
 Jun. 30 2021  0.00        0.01       -0.38     Missed  -5,797
                                                        .2​
 Mar. 31 2021  0.00        -0.01      0.01      Beat    175
 Dec. 31 2020  -0.09       -0.08      -0.13     Missed  -56
 This summary was machine generated February 24 at 17:52 GMT. 
All figures in US dollars  unless otherwise stated