Vitesse Energy Inc expected to post earnings of 37 cents a share - Earnings Preview

Vitesse Energy

03/08/2024 02:26

* Vitesse Energy Inc  VTS.N   VTS  is expected to show a
rise in
quarterly revenue when it reports  results on August 5 for the
period ending June 30 2024
    * The Greenwood Village Colorado-based  company is expected
to
report a 25.5% increase in revenue to $64.731 million from
$51.59 million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Vitesse Energy Inc is
for
earnings of 37 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "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 Vitesse
Energy
Inc is $28.00​, above​ its last closing price of $23.64. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.36        0.34       0.34      Met     -0.1
 Dec. 31 2024  0.36        0.43       0.52      Beat    22.2
 Jan. 1 0001   0.34        0.42       0.38      Missed  -9.9​
 Jun. 30 2023  0.55        0.53       0.34      Missed  -36.3
 ​​Jan.        0.23        0.24       0.54      Beat    128.8
 1 0001                                                 
                                                        ​
 This summary was machine generated August 3 at 01:26 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)