i3 Verticals, Inc. (NASDAQ:IIIV) is reporting fourth quarter earnings results on Thursday 19th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.18 per share.
For the full year, analysts predict revenues of $ 150.63 million, while looking forward to income of $ 0.75 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 162.00 million ~ $ 166.00 million, where as bottomline are predicted in a range of $ 0.91 ~ $ 0.97 per share
Click Here For More Historical Outlooks Of i3 Verticals, Inc.
Previous Quarter Performance
i3 Verticals, Inc. outlined income for the third quarter of $ 0.13 per share, from the revenue of $ 31.60 million. The quarterly earnings fell 35.00 percent compared with the same quarter last year. According to street consensus, IIIV was expected to report 3Q20 income of $ 0.06 per share from revenue of $ 26.78 million. The bottom line results beat street analysts by $ 0.07 or 116.67 percent, at the same time, top line results outshined analysts by $ 4.82 million or 18.00 percent.
Stock Performance
Shares of i3 Verticals, Inc. traded low $ -0.52 or -2.05 percent on Wednesday, reaching $ 24.79 with volume of 197.10 thousand shares. i3 Verticals, Inc. has traded high as $ 25.86 and has cracked $ 24.66 on the downward trend
According to the previous trading day, closing price of $ 24.79, representing a 94.54 % increase from the 52 week low of $ 13.01 and a 33.13 % decrease over the 52 week high of $ 37.85.
The company has a market capital of $ 762.32 million and is part of the Technology sector and Software – Infrastructure industry.
Recent Analyst recommendations
- On 23rd September 2020, upgraded by Raymond James to Strong Buy from Outperform rating.
i3 Verticals, Inc. provides integrated payment and software solutions to small- and medium-sized businesses and organizations in education, non-profit, public sector, property management, and healthcare markets in the United States. The company offers payment processing services, including merchant onboarding, risk and underwriting, authorization, settlement, chargeback processing, and other merchant support.
