Recap: Vertex Energy Q2 Earnings

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Vertex Energy VTNR reported its Q2 earnings results on Tuesday, August 9, 2022 at 06:00 AM.

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

Earnings

Vertex Energy missed estimated earnings by 45.16%, reporting an EPS of $0.68 versus an estimate of $1.24.

Revenue was up $926.64 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.26 which was followed by a 10.57% increase in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.14 0.01 0.01 -0.10
EPS Actual 0.12 -0.15 0.11 -0.38
Revenue Estimate 51.69M 29.37M 53.83M 53.48M
Revenue Actual 40.22M 30.96M 28.97M 65.19M

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

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

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