Vertex Inc expected to post earnings of 5 cents a share - Earnings Preview

Vertex

09/08/2021 14:15

* Vertex Inc  VERX.OQ   VERX.O  is expected to show a rise in
quarterly revenue when it reports results on August 11. 
* The King Of Prussia, Pennsylvania-based company is expected to
report   a 9.1% increase in revenue to $99.597 million from
$91.27 million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Vertex Inc is for
earnings of 5 cents per share. For the same quarter last year,
the company reported earnings of 16 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Vertex Inc is
$25​, about 23.7% above​ its last closing price of $19.08. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.05        0.05       0.07      Beat    36.6
 Dec. 31 2020  0.07        0.07       0.08      Beat    19.6
 Sep. 30 2020  0.08        0.08       0.15      Beat    99.2​
 Jun. 30 2020  0.08        0.08       0.16      Beat    111.6
 ​​            ​                                        ​
                                                        ​
 This summary was machine generated August 9 at 13:15 GMT.  All
figures in US dollars unless otherwise stated