Is EGY's Q3 2024 EPS trend sustainable?

**Vaalco Energy's (EGY) Q3 2024 EPS trend is not currently forming a sustainable pattern.** Here's an analysis based on the available data:

1. **Recent Performance**: The most recent data for EGY's EPS is from Q4 2024, where the company reported a diluted EPS of $0.56. However, no data is available for Q3 2024.

|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|EGY|EGY.N|Vaalco Energy|2024 Q1|133.33333333333337|0.07|169|
|EGY|EGY.N|Vaalco Energy|2024 Q2|350.00000000000006|0.27|169|
|EGY|EGY.N|Vaalco Energy|2024 Q3|66.66666666666669|0.1|169|

2. **Trend Analysis**: The consensus among earnings previews for Q3 2024 is that EGY was expected to deliver a year-over-year decline in earnings on higher revenues. This suggests that the EPS trend in Q3 2024 was likely downward, given the expectation of declining earnings.
3. **Sustainability Considerations**: The lack of data for Q3 2024 makes it impossible to determine the sustainability of the EPS trend from that quarter. However, the fact that the expected trend in Q3 2024 was a decline, coupled with the absence of information on revenue growth or other factors that might influence EPS, leaves uncertainty regarding sustainability.
4. **ESG Factors**: Vaalco Energy has made strides in ESG, with a notable 19% reduction in Scope 1 emissions reported in the 2023 Sustainability Report. While this is a positive sign, it does not directly address the question of EPS sustainability.

In conclusion, without specific data on Q3 2024's EPS and the underlying factors influencing it, we cannot definitively say whether the EPS trend was sustainable. The lack of available data and the mixed expectations from earnings previews prevent a more detailed analysis.