Vertex Energy (VTNR) Set to Announce Earnings on Thursday

Vertex Energy (NASDAQ:VTNR) will be announcing its earnings results before the market opens on Thursday, August 8th. Analysts expect the company to announce earnings of ($0.14) per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Vertex Energy (NASDAQ:VTNR) last announced its quarterly earnings results on Thursday, May 9th. The industrial products company reported ($0.11) EPS for the quarter, beating the consensus estimate of ($0.17) by $0.06. The business had revenue of $695.33 million during the quarter, compared to analysts’ expectations of $672.52 million. Vertex Energy had a negative return on equity of 45.99% and a negative net margin of 4.50%. During the same quarter in the previous year, the business posted ($0.58) EPS. On average, analysts expect Vertex Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Vertex Energy Stock Down 2.0 %

NASDAQ VTNR opened at $0.65 on Wednesday. The company has a current ratio of 1.02, a quick ratio of 0.43 and a debt-to-equity ratio of 1.33. Vertex Energy has a 12-month low of $0.58 and a 12-month high of $5.40. The company has a 50 day moving average price of $0.92 and a two-hundred day moving average price of $1.20.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on VTNR shares. StockNews.com upgraded shares of Vertex Energy to a “sell” rating in a report on Friday, May 10th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $4.00 price target on shares of Vertex Energy in a research report on Monday, April 22nd.

Vertex Energy Company Profile

Vertex Energy, Inc, an energy transition company, that focuses on the production and distribution of conventional and alternative fuels. The company engages in refining and distributing petroleum products comprising the mobile refinery and related operations. It sells ferrous and non-ferrous recyclable metal products, and markets Group III base oils and other petroleum-based products, as well as provides transportation and marine salvage services.