Vertex Inc expected to post earnings of 6  cents a share - Earnings Preview

Vertex

06/05/2022 19:32

* Vertex Inc  VERX.OQ   VERX.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 10. 
    * The King Of Prussia Pennsylvania-based  company is
expected to
report  a 15.0% increase in revenue to $113 million from $98.24
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 6 cents per share. For the same quarter last year,
the company reported earnings of 7 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 had fallen by
about 2.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Vertex Inc
is
$18.5​, above​ its last closing price of $13.28. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.06        0.05       0.08      Beat    55.6
 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.        0.07        0.07       0.08      Beat    19.6
 31 2020                                                
 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 May 6 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated