Vertex Energy (NASDAQ: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.
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