Viper Energy Inc expected to post earnings of 42 cents a share - Earnings Preview

Viper Energy

26/04/2024 21:55

* Viper Energy Inc  VNOM.OQ   VNOM.O  is expected to show a
rise
in quarterly revenue when it reports  results on April 30 for
the period ending March 31 2024
    * The Midland Texas-based  company is expected to report a
18.6% increase in revenue to $200.403 million from $168.96
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Viper Energy Inc is for
earnings of 42 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Viper
Energy Inc
is $40.50​, above​ its last closing price of $39.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.50        0.57       0.67      Beat    17.3
 Sep. 30 2023  0.48        0.54       1.10      Beat    104.4
 Jun. 30 2023  0.29        0.38       0.47      Beat    25.2​
 Mar. 31 2023  0.34        0.40       0.53      Beat    32.1
 ​​Dec.        0.40        0.40       0.28      Missed  -29.9
 31 2022                                                
 Sep. 30 2022  0.49        0.55       0.98      Beat    77.8​
 Jun. 30 2022  0.55        0.62       0.43      Missed  -30.9
 Mar. 31 2022  0.39        0.44       0.23      Missed  -47.5
 This summary was machine generated April 26 at 20:55 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)