Vertex Energy reports Q2 EPS (8c), consensus (4c)
Reports Q2 revenue $36.9M, consensus $32M. Benjamin Cowart, chairman and CEO aaid, "We are encouraged by the continued improvements of the company's operations. One of our goals for 2017 has been to increase our throughput at our facilities. In addition, our progress was demonstrated in our operating performance. Production volumes at each of our facilities were significantly above our internal goals driven by continued improvements at each of our facilities. Capital investments in our facilities and our focus on increasing volume continue to have a positive impact on our business operations. Although we experienced spread compression in our Marrero operations during the second quarter, we are pleased by the increase in our collected volume and the performance at our Heartland facility."