Vermilion Energy (VET) Q3 Earnings and Revenues Miss Estimates

Company Performance - Vermilion Energy reported quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.33 per share, and showing a decrease from $0.25 per share a year ago, resulting in an earnings surprise of -27.27% [1] - The company posted revenues of $359.27 million for the quarter ended September 2024, which was 1.45% below the Zacks Consensus Estimate and slightly above year-ago revenues of $354.5 million [2] - Over the last four quarters, Vermilion has surpassed consensus EPS estimates only once and has not beaten consensus revenue estimates during the same period [2] Stock Performance - Vermilion shares have declined approximately 19.6% since the beginning of the year, contrasting with the S&P 500's gain of 21.2% [3] - The current Zacks Rank for Vermilion is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.39 on revenues of $386.66 million, while for the current fiscal year, the estimate is $0.35 on revenues of $1.46 billion [7] - The outlook for the industry, specifically the Oil and Gas - Exploration and Production - International sector, is currently in the bottom 38% of Zacks industries, which may impact the stock's performance [8]