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.

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.

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.