Vitesse Energy Q4 2023 Adj EPS $0.52 Beats $0.43 Estimate, Sales $69.30M Beat $61.81M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vitesse Energy (NYSE:VTS) reported Q4 2023 earnings of $0.52 per share, surpassing the consensus estimate of $0.43 by 20.93%. Quarterly sales reached $69.30 million, exceeding expectations of $61.81 million by 12.12%.
February 26, 2024 | 11:43 pm
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Vitesse Energy reported a significant beat on both earnings per share and sales for Q4 2023, with EPS at $0.52 against a $0.43 estimate and sales of $69.30M against a $61.81M estimate.
The substantial beat on both earnings per share and sales for Vitesse Energy in Q4 2023 indicates strong financial performance and operational efficiency, likely leading to positive investor sentiment and potential short-term stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100