Vertex Energy, Inc. Announces First Quarter 2019 Results

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Vertex Energy (VTNR) Misses Q1 EPS by 9c, Revenues Miss

May 8, 2019 7:19 AM EDT

Vertex Energy (NASDAQ: VTNR) reported Q1 EPS of ($0.15), $0.09 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $39.3 million versus the consensus estimate of $41.95 million.

Management Commentary

We experienced strong organic growth in direct UMO collections during the first quarter, a trend that continued into April, stated Benjamin P.... More