i3 Verticals Q3 Adj EPS $0.38, Inline, Sales $93.93M Miss $94.19M Estimate
Portfolio Pulse from vinayak@benzinga.com
i3 Verticals reported Q3 earnings of $0.38 per share, in line with analyst estimates, and a 2.7% increase from last year. However, the company's quarterly sales of $93.93M missed the consensus estimate of $94.19M by 0.27%, despite a 16.61% increase from the same period last year.
August 08, 2023 | 8:25 pm
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NEUTRAL IMPACT
i3 Verticals' Q3 earnings met expectations, but sales slightly missed estimates. This mixed result may lead to a neutral or slightly negative short-term impact on the stock.
i3 Verticals reported Q3 earnings in line with estimates, which is positive. However, the slight miss on sales, despite being up YoY, could cause some investor concern and potentially lead to a neutral or slightly negative short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100