Equities analysts expect Vertex Energy Inc (NASDAQ:VTNR) to report earnings of ($0.08) per share for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for Vertex Energy’s earnings. Vertex Energy reported earnings of ($0.12) per share during the same quarter last year, which would indicate a positive year over year growth rate of 33.3%. The business is scheduled to issue its next quarterly earnings results on Wednesday, May 9th.
According to Zacks, analysts expect that Vertex Energy will report full-year earnings of ($0.23) per share for the current financial year, with EPS estimates ranging from ($0.23) to ($0.22). Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that follow Vertex Energy.
Vertex Energy (NASDAQ:VTNR) last posted its earnings results on Wednesday, March 7th. The industrial products company reported ($0.04) earnings per share (EPS) 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.
Several research firms have recently issued reports on VTNR. Zacks Investment Research cut Vertex Energy from a “hold” rating to a “sell” rating in a research note on Saturday, February 10th. ValuEngine raised Vertex Energy from a “strong sell” rating to a “sell” rating in a research note on Friday, February 2nd.
Vertex Energy (NASDAQ VTNR) opened at $0.97 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.79 and a current ratio of 1.21. Vertex Energy has a 12 month low of $0.65 and a 12 month high of $1.24. The stock has a market capitalization of $32.05, a P/E ratio of -48.50 and a beta of 1.00.
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About Vertex Energy
Vertex Energy, Inc is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. The Company focuses on recycling used motor oil and other petroleum by-products. The Company’s segments include the Black Oil, Refining and Marketing, and Recovery divisions.
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