I3 Verticals Inc expected to post earnings of 36 cents a share - Earnings Preview

i3 Verticals

07/08/2024 03:14

* I3 Verticals Inc  IIIV.OQ   IIIV.O  is expected to show a
rise
in quarterly revenue when it reports  results on August 8 for
the period ending June 30 2024
    * The Nashville Tennessee-based  company is expected to
report a
2.7% increase in revenue to $96.425 million from $93.93 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for I3 Verticals Inc is for
earnings of 36 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for I3
Verticals Inc
is $28.50​, above​ its last closing price of $23.72. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.36        0.38       0.34      Missed  -9.8
 Dec. 31 2024  0.37        0.37       0.36      Missed  -1.4
 Sep. 30 2023  0.41        0.40       0.40      Met     -1​
 Jun. 30 2023  0.36        0.37       0.38      Beat    3.8
 ​​Mar.        0.37        0.38       0.38      Met     0
 31 2023                                                
 Dec. 31 2022  0.36        0.36       0.37      Beat    2.8​
 Sep. 30 2022  0.35        0.36       0.39      Beat    8.3
 Jun. 30 2022  0.36        0.36       0.37      Beat    3.1
 This summary was machine generated August 7 at 02:13 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)