Vital Energy's Earnings: A Preview

Vital Energy (NYSE:VTLE) is gearing up to announce its quarterly earnings on Wednesday, 2024-11-06. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Vital Energy will report an earnings per share (EPS) of $1.45.

The market awaits Vital Energy's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Performance in Previous Earnings

In the previous earnings release, the company missed EPS by $0.40, leading to a 3.02% increase in the share price the following trading session.

Here's a look at Vital Energy's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.86

1.97

2.44

5.24

EPS Actual

1.46

1.84

2.55

5.16

Price Change %

3.0%

-3.0%

1.0%

3.0%

Vital Energy Share Price Analysis

Shares of Vital Energy were trading at $26.49 as of November 04. Over the last 52-week period, shares are down 40.15%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

Analyst Views on Vital Energy

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Vital Energy.

A total of 9 analyst ratings have been received for Vital Energy, with the consensus rating being Neutral. The average one-year price ...