Investing.com - Vertex Energy reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Vertex Energy announced earnings per share of $0.220 on revenue of $810.2M. Analysts polled by Investing.com EPS of $0.120 on revenue of $956.55M.
Vertex Energy 's are up 87% and is trading at $8.500 , still down 53.04% from its 52 week high of $18.10 set on Tuesday, June 7, 2022.
Vertex Energy follows other major Energy sector earnings this month
Vertex Energy's report follows an earnings beat by Exxon Mobil on Friday, October 28, 2022, who reported EPS of $4.45 on revenue of $112.07B, EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday, October 28, 2022 with third quarter EPS of $5.66 on revenue of $66.64B, for EPS of $4.83 on revenue of $57.03B.
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