Vitesse Energy Inc reports results for the quarter ended June 30 - Earnings Summary
Vitesse Energy Inc reports results for the quarter ended June 30 - Earnings Summary
Vitesse Energy Inc VTS.N reported quarterly adjusted earnings of 4 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 45 cents. The mean expectation of four analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from -1 cents to 12 cents per share.
Revenue rose 11.3% to $91.00 million from a year ago; analysts expected $80.50 million.
Vitesse Energy Inc's reported EPS for the quarter was 77 cents.
The company reported quarterly net income of $33.08 million.
Vitesse Energy Inc shares had fallen by 1.1% this quarter and lost 19.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 56.9% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"
Wall Street's median 12-month price target for Vitesse Energy Inc is $22.00, about 29.1% above its last closing price of $15.60
This summary was machine generated from LSEG data August 3 at 09:01 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.06 | 0.04 | Missed |
Mar. 31 2026 | 0.14 | -0.01 | Missed |
Dec. 31 2025 | 0.22 | 0.01 | Missed |
Sep. 30 2025 | 0.12 | 0.10 | Missed |