Viper Energy Inc (VNOM, Financial) is set to release its Q3 2024 earnings on Nov 5, 2024. The consensus estimate for Q3 2024 revenue is $209.94 million, and the earnings are expected to come in at $0.43 per share. The full year 2024's revenue is expected to be $856.94 million and the earnings are expected to be $1.91 per share. More detailed estimate data can be found on the Forecast page.
Viper Energy Inc (VNOM, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Viper Energy Inc (VNOM) have seen a decline from $866.5 million to $856.94 million for the full year 2024, while the forecast for 2025 has increased from $894.41 million to $940.94 million. Earnings estimates have also been adjusted, with a decrease from $2.01 per share to $1.91 per share for the full year 2024 and a reduction from $2.24 per share to $1.92 per share for 2025.
Viper Energy Inc (VNOM, Financial) Reported History
In the previous quarter of 2024-06-30, Viper Energy Inc's (VNOM) actual revenue was $216.71 million, which beat analysts' revenue expectations of $216.238 million by 0.22%. Viper Energy Inc's (VNOM) actual earnings were $0.62 per share, which beat analysts' earnings expectations of $0.495 per share by 25.25%. After releasing the results, Viper Energy Inc (VNOM) was up by 9.7% in one day.
Viper Energy Inc (VNOM, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 11 analysts, the average target price for Viper Energy Inc (VNOM) is $52.73 with a high estimate of $61 and a low estimate of $45. The average target implies an upside of 1.09% from the current price of $52.16.
Based on GuruFocus estimates, the estimated GF Value for Viper Energy Inc (VNOM, Financial) in one year is $32.68, suggesting a downside of -37.35% from the current price of $52.16.
Based on the consensus recommendation from 12 brokerage firms, Viper Energy Inc's (VNOM, Financial) average brokerage recommendation is currently 1.9, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
