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

Vertex Energy

09/08/2022 14:32

* Vertex Energy Inc  VTNR.OQ  reported a quarterly adjusted
loss
of 98 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
$1.24 per share.
    * Revenue rose 1,421.3% to $991.84 million from a year ago;
analysts expected $984.52 million. 
    * Vertex Energy Inc's reported EPS for the quarter was a
loss
of 99 cents​.
    * The mean earnings estimate of analysts had risen by
about 208.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Vertex Energy Inc shares had risen by 32.9% this
quarter and
gained 208.6% so far this year.
    * The company reported a quarterly loss of $66.98 million.
    * Wall Street's median 12-month price target for Vertex
Energy Inc
is $21.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.24           -0.98          Missed
 Mar. 31 2022      -0.14          -0.08          Beat
 Dec. 31 2021      0.01           -0.15          Missed
 Sep. 30 2021      0.01           0.12           Beat