Earnings Outlook For Viper Energy Partners
Portfolio Pulse from Benzinga Insights
Viper Energy Partners (NASDAQ:VNOM) is scheduled to release its quarterly earnings report on February 20, 2024, with analysts expecting an EPS of $0.57. Historical data shows the company has a track record of beating EPS estimates, which has previously led to positive stock price movements. Shares have been trading at $34.5 as of February 15, with a 19.96% increase over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.
February 19, 2024 | 2:01 pm
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Viper Energy Partners is expected to report an EPS of $0.57 for the upcoming quarter. Historical performance suggests a potential for positive stock movement following the earnings announcement.
Given VNOM's history of beating EPS estimates and the positive stock price reaction following such beats, there is a strong likelihood of a positive short-term impact on VNOM's stock price if the trend continues. The anticipation of positive guidance could further bolster investor confidence.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100