Earnings Preview for Vertex Energy

On Tuesday, August 11, Vertex Energy (NASDAQ:VTNR) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings and Revenue

Vertex Energy EPS is expected to be around $-0.15, according to sell-side analysts. Sales will likely be near $19.84 million. Vertex Energy reported a per-share profit of $0.04 when it published results during the same quarter last year. Sales in that period totaled $43.66 million. If the company were to post earnings in-line with the consensus estimate when it reports Tuesday, EPS would be down 475.0%. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

Quarter	Q1 2020	Q4 2020	Q3 2019	Q2 2019
EPS Estimate	-0.03	-0.04	-0.02	-0.03
EPS Actual	-0.21	0.04	-0.05	0.04
Revenue Estimate	44.73 M	41.97 M	42.00 M	42.30 M
Revenue Actual	36.20 M	42.59 M	37.80 M	43.66 M

Stock Performance

Over the last 52-week period, shares are down 55.43%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Vertex Energy is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://www.webcaster4.com/Webcast/Page/2108/36289

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.