Vital Energy Inc expected to post earnings of $3.96 a share - Earnings Preview

Vital Energy

05/08/2023 03:07

* Vital Energy Inc  VTLE.N   VTLE.K  is expected to show a
fall in
quarterly revenue when it reports  results on August 8. 
    * The Tulsa Oklahoma-based  company is expected to report  a
38.6% decrease in revenue to $343.968 million from $560.16
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Vital Energy Inc is
for
earnings of $3.96 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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 $55​, above​ its last closing price of $53.38. ​​​

The company's guidance on May 9 2023 for the period ended June
30 was for Capital Expenditures between USD155 million and
USD175 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  4.53        4.58       4.50      Missed  -1.8
 Dec. 31 2023  3.68        3.86       3.49      Missed  -9.5
 Sep. 30 2022  5.68        6.22       5.30      Missed  -14.8​
 Jun. 30 2022  7.25        7.45       7.50      Beat    0.7
 ​​Mar.        6.15        6.11       5.26      Missed  -13.9
 31 2022                                                
 Dec. 31 2021  3.35        3.34       3.39      Beat    1.5​
 Sep. 30 2021  2.52        2.46       1.84      Missed  -25.3
 Jun. 30 2021  2.60        2.46       1.71      Missed  -30.4
 This summary was machine generated August 5 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated