Equities research analysts forecast that Vertex Energy (NASDAQ:VTNR) will announce ($0.06) earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Vertex Energy’s earnings. The lowest EPS estimate is ($0.08) and the highest is ($0.04). Vertex Energy reported earnings per share of ($0.12) during the same quarter last year, which would suggest a positive year-over-year growth rate of 50%. The firm is scheduled to announce its next earnings results on Wednesday, May 9th.
On average, analysts expect that Vertex Energy will report full year earnings of ($0.18) per share for the current fiscal year, with EPS estimates ranging from ($0.23) to ($0.13). Zacks’ earnings per share averages are an average based on a survey of analysts that follow Vertex Energy.
Vertex Energy (NASDAQ:VTNR) last announced its quarterly earnings results on Wednesday, March 7th. The industrial products company reported ($0.04) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.06) by $0.02. Vertex Energy had a negative return on equity of 26.89% and a negative net margin of 5.80%. The firm had revenue of $41.35 million for the quarter, compared to analysts’ expectations of $34.97 million.
Shares of VTNR opened at $1.07 on Friday. Vertex Energy has a twelve month low of $0.65 and a twelve month high of $1.50. The company has a current ratio of 1.21, a quick ratio of 0.84 and a debt-to-equity ratio of 0.48.
Vertex Energy Company Profile
Vertex Energy, Inc, an environmental services company, provides a range of services designed to aggregate, process, and recycle industrial and commercial waste systems in 13 states, primarily in the Gulf Coast and Central Midwest Region of the United States. It operates in three divisions: Black Oil, Refining and Marketing, and Recovery.
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