Vertex Inc reports results for the quarter ended in March - Earnings Summary

Vertex

10/05/2023 14:31

* Vertex Inc  VERX.OQ  reported quarterly adjusted earnings
of 8
cents​​ per share for the quarter ended in March. The mean
expectation of eleven analysts for the quarter was for earnings
of 8 cents per share.
    * Revenue rose 15.5% to $132.75 million from a year ago;
analysts
expected $131.90 million. 
    * Vertex Inc's reported EPS for the quarter was a loss of 12
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Vertex Inc shares had risen by 1.4% this quarter and
gained 44.6% so far this year.
    * The company reported a quarterly loss of $18.13 million.
    * Wall Street's median 12-month price target for Vertex Inc
is
$22.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.08           0.08           Met
 Dec. 31 2022      0.06           0.08           Beat
 Sep. 30 2022      0.06           0.08           Beat
 Jun. 30 2022      0.05           0.06           Beat