Vertex Energy Inc reports results for the quarter ended in December - Earnings Summary

Vertex Energy

28/02/2023 14:37

* Vertex Energy Inc  VTNR.OQ  reported quarterly adjusted
earnings
of 71 cents​​ per share for the quarter ended in December. The
mean expectation of six analysts for the quarter was
for earnings of 40 cents per share.
    * Revenue rose 3,548.3% to $1.13 billion from a year ago;
analysts
expected $912.58 million. 
    * Vertex Energy Inc's reported EPS for the quarter was 71
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Vertex Energy Inc shares had risen by 31.8% this quarter.
    * The company reported a quarterly loss of $54.96 million.
    * Wall Street's median 12-month price target for Vertex
Energy Inc
is $15.00 
    * 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." 

This summary was machine generated from Refinitiv data February
28 at 02:37 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.40           0.71           Beat
 Sep. 30 2022      0.15           0.28           Beat
 Jun. 30 2022      1.24           -0.62          Missed
 Mar. 31 2022      -0.14          -0.08          Beat