Vital Energy Inc expected to post earnings of $5.46 a share - Earnings Preview

Vital Energy

01/11/2023 02:41

* Vital Energy Inc  VTLE.N   VTLE.K  is expected to show a
fall in
quarterly revenue when it reports  results on November 2. 
    * The Tulsa Oklahoma-based  company is expected to report  a
13.3% decrease in revenue to $402.401 million from $464.11
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Vital Energy Inc is
for
earnings of $5.46 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 $67​, above​ its last closing price of $50.04. ​​​

The company's guidance on August 8 2023 for the period ended
September 30 was for Capital Expenditures between USD165 million
and USD180 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  
 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. 30 2022  5.68        6.22       5.30      Missed  -14.8
 ​​Jun.        7.25        7.45       7.50      Beat    0.7
 30 2022                                                
 Mar. 31 2022  6.15        6.11       5.26      Missed  -13.9​
 Dec. 31 2021  3.35        3.34       3.39      Beat    1.5
 Sep. 30 2021  2.52        2.46       1.84      Missed  -25.3
 This summary was machine generated November 1 at 02:41 GMT.  All
figures in US dollars  unless otherwise stated