VRN
$6.4
Revenue | $1164.1Mn |
Net Profits | $261Mn |
Net Profit Margins | 22.42% |
PE Ratio | 14.88 |
Veren Corp’s revenue jumped 38.29% since last year same period to $1164.1Mn in the Q2 2024. On a quarterly growth basis, Veren Corp has generated 54.25% jump in its revenue since last 3-months.
Veren Corp’s net profit jumped 22.94% since last year same period to $261Mn in the Q2 2024. On a quarterly growth basis, Veren Corp has generated 185.88% jump in its net profits since last 3-months.
Veren Corp’s net profit margin fell -11.1% since last year same period to 22.42% in the Q2 2024. On a quarterly growth basis, Veren Corp has generated 155.67% jump in its net profit margins since last 3-months.
Veren Corp’s price-to-earnings ratio after this Q2 2024 earnings stands at 14.88.
EPS Estimate Current Quarter | 0.24 |
EPS Estimate Current Year | 0.24 |
Veren Corp’s earning per share (EPS) estimates for the current quarter stand at 0.24 - a -33.33% fall from last quarter’s estimates.
Veren Corp’s earning per share (EPS) estimates for the current year stand at 0.24.
Earning Per Share (EPS) | 0.42 |
Return on Assets (ROA) | 0.04 |
Return on Equity (ROE) | 0.05 |
Dividend Per Share (DPS) | 0.12 |
Veren Corp’s earning per share (EPS) jumped 7.69% since last year same period to 0.42 in the Q2 2024. This indicates that the Veren Corp has generated 7.69% annual rate of jump in its earning per share (EPS) in the last 4 quarters.
Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Veren Corp’s return on assets (ROA) stands at 0.04.
The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Veren Corp’s return on equity (ROE) stands at 0.05.
Veren Corp declared 0.12 dividend per share during the earnings announcement for Q2 2024.
Earnings Date | Estimated EPS | Reported EPS | Surprise % |
---|---|---|---|
2024-03-31 | 0.35 | -0.66 | -288.57% |
2024-06-30 | 0.36 | 0.42 | 16.67% |