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

Vertex Energy

08/11/2022 14:31

* Vertex Energy Inc  VTNR.OQ  reported quarterly adjusted
earnings
of 28 cents​​ per share for the quarter ended in September. The
mean expectation of four analysts for the quarter was
for earnings of 15 cents per share.
    * Revenue rose 2,696.3% to $810.21 million from a year ago;
analysts expected $913.67 million. 
    * Vertex Energy Inc's reported EPS for the quarter was 28
cents​.
    * The mean earnings estimate of analysts had fallen by
about 83.2%
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 36.4% this
quarter and
gained 87.6% so far this year.
    * The company reported quarterly net income of $22.23
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 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
8 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.15           0.28           Beat
 Jun. 30 2022      1.24           -0.62          Missed
 Mar. 31 2022      -0.14          -0.08          Beat
 Dec. 31 2021      0.01           -0.15          Missed