i3 Verticals's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
i3 Verticals (NASDAQ:IIIV) is scheduled to release its quarterly earnings report on February 8, 2024, with an estimated EPS of $0.36. Investors are looking for an earnings beat and positive guidance for the next quarter. The company's past earnings performance shows mixed results with minor price changes following earnings announcements. Shares are currently trading at $18.81, down 28.87% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.
February 07, 2024 | 7:01 pm
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i3 Verticals is expected to report an EPS of $0.36 for the upcoming quarter. Investors are hopeful for an earnings beat and positive guidance. The stock has seen a 28.87% decline over the past year, indicating bearish sentiment.
Given the anticipation of an earnings beat and positive guidance, there could be a short-term positive impact on IIIV's stock price, especially if the company meets or exceeds the earnings expectations. However, the stock's recent performance and the bearish sentiment among long-term shareholders could moderate the impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100