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

Vertex

09/11/2022 14:32

* Vertex Inc  VERX.OQ  reported quarterly adjusted earnings
of 8
cents​​ per share for the quarter ended in September. The mean
expectation of ten analysts for the quarter was for earnings of
6 cents per share.
    * Revenue rose 14% to $126.24 million from a year ago;
analysts
expected $122.86 million. 
    * Vertex Inc's reported EPS for the quarter was a loss of 1
cent​.
    * The mean earnings estimate of analysts had risen by
about 6% in
the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Vertex Inc shares had risen by 22.2% this quarter and
gained 5.3% so far this year.
    * The company reported a quarterly loss of $369 thousand.
    * Wall Street's median 12-month price target for Vertex Inc
is
$16.50 
    * 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." 

This summary was machine generated from Refinitiv data November
9 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.06           0.08           Beat
 Jun. 30 2022      0.05           0.06           Beat
 Mar. 31 2022      0.06           0.08           Beat
 Dec. 31 2021      0.05           0.08           Beat