Red Violet Inc reports results for the quarter ended in September 30 - Earnings Summary

Red Violet

07/11/2024 04:55

* Red Violet Inc  RDVT.OQ  reported quarterly adjusted
earnings of
22 cents​​ per share for the quarter ended September 30.  The
lone analyst forecast for the quarter was for earnings of 23
cents per share. 
    * Revenue was $19.06 million​; analysts expected $18.44
million. 
    * Red Violet Inc's reported EPS for the quarter was 12
cents​.
    * The company reported quarterly net income of $1.72
million.
    * Red Violet Inc shares had risen by 7.9% this quarter and
gained 53.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Red Violet Inc is
43.00 
This summary was machine generated from LSEG data November 7 at
04:54 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
 Sep. 30 2024      0.23           0.22           Missed