On Monday 4th November 2024, Viper Energy (NASDAQ: VNOM) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur after market close.
Wall Street financial analysts are foreseeing that the enterprise is likely to announce an estimated per share $0.47 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $209.94 million during the quarter.
In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of income of $1.1. This was credited to the company's total revenue, which reached an impressive $293.24 million in that particular timeframe.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $856.94 million for the full year. Moreover, they anticipate the earnings per share to reach profit of $2.13 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.61 | +29.8% | 216.71 M | +34.8% |
| Q1 2024 | $0.52 | -1.9% | 205.39 M | +21.6% |
| Q4 2023 | $0.67 | +139.3% | 204.71 M | +0.5% |
| Q3 2023 | $1.10 | +12.2% | 293.24 M | +32.3% |
| Q2 2023 | $0.47 | +9.3% | 160.79 M | -32.8% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 5th November 2024 at 11:00 AM eastern time to discuss Q3 financial results.
Viper Energy (VNOM) closed Friday's regular trading session at $52.16, marking a 0.50 percent gain, with a volume of 830.20 thousand shares.
