What's in the Cards for Vista Energy This Earnings Season?

Core Viewpoint - Vista Energy S.A.B. de CV is expected to report its third-quarter 2024 results on October 23, with earnings per share (EPS) estimates showing a potential increase compared to the previous year, despite a recent earnings miss in the last quarter [1] Group 1: Earnings Performance - In the last reported quarter, Vista Energy's adjusted earnings were 74 cents per share, missing the Zacks Consensus Estimate of $1.40 [1] - The company has beaten earnings estimates in two of the last four quarters and missed twice, resulting in an average negative surprise of 4.3$1.44, reflecting an increase of nearly 12% from the year-ago figure [1] Group 2: Revenue Expectations - The Zacks Consensus Estimate for the upcoming quarter's revenues is $446.99 million, indicating a 54.3$81.80 per barrel in July, $76.68 in August, and$70.24 in September, while Brent crude prices were $85.15,$80.36, and $74.02 respectively during the same months [2] - The favorable crude pricing environment in the third quarter is expected to support exploration and production activities, contributing positively to Vista Energy's bottom line [2] Group 4: Earnings Whispers - The current Earnings ESP for Vista Energy is 0.00%, indicating no expected earnings beat this time [3] - The company holds a Zacks Rank of 5 (Strong Sell), which diminishes the likelihood of a positive earnings surprise [3]