Vermilion Energy Inc reports results for the quarter ended in September 30 - Earnings Summary

reuters11-07
Vermilion Energy Inc reports results for the quarter ended in September 30 - Earnings Summary
  • Vermilion Energy Inc VET.TO reported quarterly adjusted earnings of 33 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 34 cents. The mean expectation of three analysts for the quarter was for earnings of 45 cents per share. Wall Street expected results to range from 28 cents to 62 cents per share.

  • Revenue fell 6.6% to C$461.82 million from a year ago; analysts expected C$499.05 million.

  • Vermilion Energy Inc's reported EPS for the quarter was 33 cents​.

  • The company reported quarterly net income of $51.7 million.

  • Vermilion Energy Inc shares had fallen by 0.7% this quarter and lost 19.6% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 23.7% in the last three months.​

  • In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the integrated oil & gas peer group is "hold."

Wall Street's median 12-month price target for Vermilion Energy Inc is 18.50

This summary was machine generated from LSEG data November 7 at 05:15 a.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Sep. 30 2024

0.45

0.33

Missed

Jun. 30 2024

0.35

-0.52

Missed

Mar. 31 2024

1.15

0.01

Missed

Dec. 31 2023

0.71

-4.91

Missed

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment