Equities analysts expect that Vertex Energy Inc (NASDAQ:VTNR) will post earnings of ($0.06) per share for the current quarter, Zacks Investment Research reports. 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 per share of ($0.19) in the same quarter last year, which would suggest a positive year over year growth rate of 68.4%. The firm is scheduled to issue its next earnings report on Wednesday, March 14th.
According to Zacks, 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 year, analysts anticipate that the company will report earnings of ($0.25) per share, with EPS estimates ranging from ($0.29) to ($0.22). Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that follow Vertex Energy.
Vertex Energy (NASDAQ:VTNR) last released its quarterly earnings data on Tuesday, November 7th. The industrial products company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.02). Vertex Energy had a negative net margin of 7.73% and a negative return on equity of 30.22%.
Vertex Energy (NASDAQ VTNR) traded up $0.05 during trading on Friday, reaching $1.11. 79,214 shares of the company were exchanged, compared to its average volume of 72,879. Vertex Energy has a fifty-two week low of $0.65 and a fifty-two week high of $1.80. The stock has a market cap of $36.25, a price-to-earnings ratio of -2.18 and a beta of 0.97. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.07 and a quick ratio of 0.79.
ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by Week Herald and is owned by of Week Herald. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of United States & international trademark & copyright law. The legal version of this piece of content can be accessed at https://weekherald.com/2018/01/22/analysts-anticipate-vertex-energy-inc-vtnr-will-post-earnings-of-0-06-per-share.html.
About Vertex Energy
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Vertex Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vertex Energy and related companies with MarketBeat.com's FREE daily email newsletter.