Vital Energy Inc expected to post earnings of $2.43 a share - Earnings Preview

Vital Energy

20/02/2024 03:03

* Vital Energy Inc  VTLE.N   VTLE.K  is expected to show a
rise in
quarterly revenue when it reports  results on February 21 for
the period ending December 31 2023
    * The Tulsa Oklahoma-based  company is expected to report a
20.9% increase in revenue to $440.225 million from $364.13
million a year ago, according to the mean estimate from 13
analysts, based on LSEG data. (Majority is on Total Revenue
Basis, Quarters not adding up to annual due to difference in
broker actual.)
    * ​LSEG's mean analyst estimate for Vital Energy Inc is for
earnings of $2.43 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"hold" and 2 "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 Vital
Energy Inc
is $56.00​, above​ its last closing price of $46.39. ​​​

The company's guidance on November 2 2023 for the period ended
December 31 was for Capital Expenditures between USD175 million
and USD190 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  5.37        5.46       5.16      Missed  -5.5
 Jun. 30 2023  3.90        3.96       4.35      Beat    10
 Mar. 31 2023  4.53        4.58       4.50      Missed  -1.8​
 Dec. 31 2022  3.68        3.86       3.49      Missed  -9.5
 ​​Sep.        5.68        6.22       5.30      Missed  -14.8
 30 2022                                                
 Jun. 30 2022  7.25        7.45       7.50      Beat    0.7​
 Mar. 31 2022  6.15        6.11       5.26      Missed  -13.9
 Dec. 31 2021  3.35        3.34       3.39      Beat    1.5
 This summary was machine generated February 20 at 03:02 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)