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

Vertex

07/11/2022 15:13

* Vertex Inc  VERX.OQ   VERX.O  is expected to show a rise
in
quarterly revenue when it reports  results on November 9. 
    * The King Of Prussia Pennsylvania-based  company is
expected to
report  a 11.0% increase in revenue to $122.863 million from
$110.72 million a year ago, according to the mean estimate from
8 analysts, based on Refinitiv data. The company's guidance on
August 9 2022, for the period ended September 30, was for
revenue between $121.50 million and $124.00 million.
    * ​Refinitiv's mean analyst estimate for Vertex Inc is for
earnings of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"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
$16.5​, above​ its last closing price of $16.36. ​​​

The company's guidance on August 9 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD121.5 million and
USD18.5 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.06        0.05       0.06      Beat    9.4
 Mar. 31 2022  0.06        0.06       0.08      Beat    27.3
 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.        0.06        0.05       0.08      Beat    61.2
 30 2021                                                
 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
 This summary was machine generated November 7 at 15:13 GMT.  All
figures in US dollars  unless otherwise stated