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

i3 Verticals

09/08/2023 24:28

* I3 Verticals Inc  IIIV.OQ  reported quarterly adjusted
earnings
of 38 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
37 cents per share.
    * Revenue rose 16.6% to $93.93 million from a year ago;
analysts
expected $94.11 million. 
    * I3 Verticals Inc's reported EPS for the quarter was a loss
of 22
cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * I3 Verticals Inc shares had risen by 5.6% this quarter and
lost 0.8% so far this year.
    * The company reported a quarterly loss of $5.16 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," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 11:28 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.37           0.38           Beat
 Mar. 31 2023      0.38           0.38           Met
 Dec. 31 2022      0.36           0.37           Beat
 Sep. 30 2022      0.36           0.39           Beat