Wall Street analysts expect Vertex Energy Inc (NASDAQ:VTNR) to report earnings of ($0.06) per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Vertex Energy’s earnings, with the highest EPS estimate coming in at ($0.05) and the lowest estimate coming in at ($0.06). Vertex Energy reported earnings of ($0.19) per share in the same quarter last year, which indicates a positive year over year growth rate of 68.4%. The business is expected to report its next quarterly earnings results on Wednesday, March 14th.
On average, analysts expect that Vertex Energy will report full year earnings of ($0.38) per share for the current fiscal year, with EPS estimates ranging from ($0.39) to ($0.37). For the next fiscal year, analysts forecast that the company will report earnings of ($0.25) per share, with EPS estimates ranging from ($0.29) to ($0.22). Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that follow Vertex Energy.
A number of brokerages recently commented on VTNR. Zacks Investment Research lowered Vertex Energy from a “hold” rating to a “sell” rating in a research report on Saturday, February 10th. ValuEngine raised Vertex Energy from a “strong sell” rating to a “sell” rating in a research report on Friday, February 2nd.
Vertex Energy Company Profile
Vertex Energy, Inc is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. The Company focuses on recycling used motor oil and other petroleum by-products. The Company’s segments include the Black Oil, Refining and Marketing, and Recovery divisions.
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