Viper Energy: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Viper Energy (NASDAQ:VNOM) reported Q4 earnings with an EPS of $0.67, beating estimates by 17.54% and showing a revenue increase of $1.09 million from the previous year. The company has a history of surpassing EPS estimates, leading to share price increases.
February 20, 2024 | 9:15 pm
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Viper Energy reported a Q4 EPS of $0.67, surpassing estimates by 17.54%, with a revenue increase of $1.09 million from the previous year. The company has consistently beaten EPS estimates, positively impacting its share price.
Viper Energy's consistent performance in beating EPS estimates, as demonstrated in the past quarters, has historically led to positive movements in its share price the following day. Given the company's latest earnings beat and revenue increase, it is likely to have a positive short-term impact on VNOM's stock price.
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