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Veren (VRN) Q4 Earnings and Revenues Beat Estimates
VRNVeren Inc.(VRN) ZACKS·2025-02-27 15:35

Core Viewpoint - Veren (VRN) reported quarterly earnings of 0.29pershare,exceedingtheZacksConsensusEstimateof0.29 per share, exceeding the Zacks Consensus Estimate of 0.24 per share, and showing an increase from 0.27pershareayearago,representinganearningssurpriseof20.830.27 per share a year ago, representing an earnings surprise of 20.83% [1] Financial Performance - The company posted revenues of 767.21 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 10.55%, compared to 743.7millioninthesamequarterlastyear[2]−Overthelastfourquarters,Verenhasexceededconsensusrevenueestimatesthreetimes[2]StockPerformanceandOutlook−Verenshareshavedeclinedapproximately6.2743.7 million in the same quarter last year [2] - Over the last four quarters, Veren has exceeded consensus revenue estimates three times [2] Stock Performance and Outlook - Veren shares have declined approximately 6.2% since the beginning of the year, while the S&P 500 has gained 1.3% [3] - The current consensus EPS estimate for the upcoming quarter is 0.17 on revenues of 678.96million,andforthecurrentfiscalyear,itis678.96 million, and for the current fiscal year, it is 0.85 on revenues of $2.9 billion [7] Industry Context - The Zacks Industry Rank for Oil and Gas - Integrated - Canadian is currently in the bottom 24% of over 250 Zacks industries, indicating potential underperformance compared to higher-ranked industries [8]