Vital Energy: Q1 Earnings Insights

Vital Energy VTLE reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Vital Energy missed estimated earnings by 1.32%, reporting an EPS of $4.5 versus an estimate of $4.56.

Revenue was down $199.89 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.37 which was followed by a 0.95% increase in the share price the next day.

Here's a look at Vital Energy's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 3.86 6.4 7.45 6.11
EPS Actual 3.49 5.3 7.50 5.17
Revenue Estimate 307.53M 384.24M 453.40M 374.11M
Revenue Actual 364.13M 464.11M 560.16M 532.39M

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for Vital Energy visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!