Picture of i3 Verticals logo

IIIV i3 Verticals News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsBalancedMid CapNeutral

I3 Verticals Inc reports results for the quarter ended December 31 - Earnings Summary

* I3 Verticals Inc  IIIV.OQ  reported quarterly adjusted
earnings
of 31 cents​​ per share for the quarter ended December 31, lower
than the same quarter last year, when the company reported EPS
of 36 cents.  The mean expectation of six analysts for the
quarter was for earnings of 26 cents per share. Wall Street
expected results to range from 17 cents to 29 cents per share.
    * Revenue fell 32.9% to $61.69 million from a year ago;
analysts
expected $58.79 million. 
    * I3 Verticals Inc's reported EPS for the quarter was 8
cents​.
    * The company reported quarterly net income of $2.06
million.
    * I3 Verticals Inc shares had risen by 10.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 8.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the financial
technology (fintech) peer group is also "buy"

Wall Street's median 12-month price target for I3 Verticals Inc
is $29.00 
This summary was machine generated from LSEG data February 7 at
12:16 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.26           0.31           Beat
 Sep. 30 2024      0.17           0.15           Missed
 Jun. 30 2024      0.36           0.07           Missed
 Mar. 31 2024      0.38           0.34           Missed

Recent news on i3 Verticals

See all news