Vertex Inc reports results for the quarter ended June 30 - Earnings Summary

Vertex

03/08/2026 22:01

Vertex Inc VERX.OQ reported quarterly adjusted earnings of 20 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 15 cents.  The mean expectation of fourteen analysts for the quarter was for earnings of 19 cents per share. Wall Street expected results to range from 16 cents to 21 cents per share.
Revenue rose 10.5% to $203.97 million from a year ago; analysts expected $202.30 million. 
Vertex Inc's reported EPS for the quarter was 6 cents​.
The company reported quarterly net income of $9.04 million.
Vertex Inc shares had risen by 12.5% this quarter and lost 35.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 10.2% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy" 
Wall Street's median 12-month price target for Vertex Inc is $16.06, about 19.6% above its last closing price of $12.91
This summary was machine generated from LSEG data August 3 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.19
0.20
Beat
Mar. 31 2026 
0.17
0.17
Met
Dec. 31 2025 
0.16
0.17
Beat
Sep. 30 2025 
0.16
0.17
Beat