Vertex Energy Q3 EPS $0.17 Beats $0.14 Estimate, Sales $1.02B Beat $894.39M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vertex Energy (NASDAQ:VTNR) reported Q3 earnings of $0.17 per share, beating the analyst consensus estimate of $0.14 by 21.43%. This is a 13.33% increase from the same period last year. The company also reported quarterly sales of $1.02 billion, beating the analyst consensus estimate of $894.39 million by 14.04%. This is a 25.89% increase from the same period last year.
November 07, 2023 | 11:16 am
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Vertex Energy's Q3 earnings and sales beat estimates, with a YoY increase of 13.33% and 25.89% respectively. This could potentially lead to a positive market reaction.
Vertex Energy reported better than expected Q3 results, with both earnings and sales beating estimates and showing significant YoY growth. This is generally seen as a positive signal by the market, which could lead to an increase in the company's stock price in the short term.
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