A Sneak Peek At i3 Verticals, Inc. ($IIIV) 3Q20 Earnings

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i3 Verticals, Inc. (NASDAQ:IIIV) is set to announce third quarter earning results on Monday 10th August 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, IIIV to report 3Q20 income of $ 0.06 per share from revenue of $ 26.78 million.

For the full year, analysts anticipate top line of $ 144.49 million, while looking forward to income of $ 0.68 per share bottom line.

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. announced income for the second quarter of $ 0.20 per share, from the revenue of $ 39.31 million. The quarterly revenues compared with the same quarter last year. The consensus estimates are income of $ 0.18 per share from $ 35.38 million in revenue. The bottom line results beat street analysts by $ 0.02 or 11.11 percent, at the same time, top line results outshined analysts by $ 3.93 million or 11.11 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of i3 Verticals, Inc.

Stock Performance

According to the previous trading day, closing price of IIIV was $ 26.03, representing a 100.08 % increase from the 52 week low of $ 13.01 and a 31.23 % decrease over the 52 week high of $ 37.85.

The company has a market capital of $ 714.54 million and is part of the Technology sector and Software – Infrastructure industry.

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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.