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

i3 Verticals

09/05/2023 23:33

* I3 Verticals Inc  IIIV.OQ  reported quarterly adjusted
earnings
of 38 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
38 cents per share.
    * Revenue rose 20.2% to $93.87 million from a year ago;
analysts
expected $90.61 million. 
    * I3 Verticals Inc's reported EPS for the quarter was
breakeven
results​.
    * The mean earnings estimate of analysts had risen by
about 0.7%
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 fallen by 4.2% this
quarter and
lost 3.5% so far this year.
    * The company reported quarterly net income of $36 thousand.
    * Wall Street's median 12-month price target for I3
Verticals Inc
is $32.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 10:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.38           0.38           Met
 Dec. 31 2022      0.36           0.37           Beat
 Sep. 30 2022      0.36           0.39           Beat
 Jun. 30 2022      0.36           0.37           Beat