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

Vertex

07/03/2022 14:05

* Vertex Inc  VERX.OQ   VERX.O  is expected to show a rise
in
quarterly revenue when it reports  results on March 9. 
    * The King Of Prussia Pennsylvania-based  company is
expected to
report  a 9.7% increase in revenue to $109.201 million from
$99.54 million a year ago, according to the mean estimate from 7
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 8 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and 2 "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 46.7% above​ its last closing price of $13.32. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.05        0.05       0.08      Beat    59.6
 Jun. 30 2021  0.06        0.05       0.08      Beat    61.2
 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.        0.08        0.08       0.15      Beat    99.2
 30 2020                                                
 Jun. 30 2020  0.08        0.08       0.16      Beat    111.6​
 This summary was machine generated March 7 at 14:05 GMT.  All
figures in US dollars  unless otherwise stated