I3 Verticals Inc reports results for the quarter ended in June - Earnings Summary

i3 Verticals

08/08/2022 23:05

* I3 Verticals Inc  IIIV.OQ  reported quarterly adjusted
earnings
of 37 cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 36 cents per share.
    * Revenue rose 27.4% to $80.55 million from a year ago;
analysts
expected $77.68 million. 
    * I3 Verticals Inc's reported EPS for the quarter was a loss
of 17
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * I3 Verticals Inc shares had risen by 16.5% this
quarter and
gained 28.0% so far this year.
    * The company reported a quarterly loss of $3.73 million.
    * Wall Street's median 12-month price target for I3
Verticals Inc
is $30.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 8
at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.36           0.37           Beat
 Mar. 31 2022      0.35           0.37           Beat
 Dec. 31 2021      0.32           0.35           Beat
 Sep. 30 2021      0.29           0.33           Beat