Vitesse Energy Inc expected to post earnings of 38 cents a share - Earnings Preview

Vitesse Energy

04/05/2024 03:11

* Vitesse Energy Inc  VTS.N   VTS  is expected to show a
rise in
quarterly revenue when it reports  results on May 6 for the
period ending March 31 2024
    * The Centennial Colorado-based  company is expected to
report a
4.4% increase in revenue to $60.498 million from $57.96 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Vitesse Energy Inc is
for
earnings of 38 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 had fallen by
about 5.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Vitesse
Energy
Inc is $27.75​, above​ its last closing price of $22.63. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.36        0.43       0.52      Beat    22.2
 Sep. 30 0001  0.34        0.42       0.38      Missed  -9.9
 Jun. 30 2023  0.55        0.53       0.34      Missed  -36.3​
 Mar. 31 2023  0.23        0.24       0.54      Beat    128.8
 ​​                                                     
                                                        ​
 This summary was machine generated May 4 at 02:10 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)