What To Expect From i3 Verticals Inc (IIIV) Q4 2024 Earnings

Author's Avatar
Nov 19, 2024
Article's Main Image

i3 Verticals Inc (IIIV, Financial) is set to release its Q4 2024 earnings on Nov 19, 2024. The consensus estimate for Q4 2024 revenue is $61.25 million, and the earnings are expected to come in at $1.47 per share. The full year 2024's revenue is expected to be $255.41 million and the earnings are expected to be $-0.13 per share. More detailed estimate data can be found on the Forecast page.

i3 Verticals Inc (IIIV, Financial) Estimates Trends

Over the past 90 days, revenue estimates for i3 Verticals Inc (IIIV) for the full year 2024 have increased from $252.21 million to $255.41 million, while estimates for 2025 have declined from $277.86 million to $257.15 million. Earnings estimates for the full year 2024 have declined from $-0.08 per share to $-0.13 per share, and for 2025, earnings estimates have increased from $0.53 per share to $0.57 per share.

i3 Verticals Inc (IIIV, Financial) Reported History

In the previous quarter of 2024-06-30, i3 Verticals Inc's (IIIV) actual revenue was $56.04 million, which missed analysts' revenue expectations of $96.425 million by -41.89%. i3 Verticals Inc's (IIIV) actual earnings were $-0.32 per share, which missed analysts' earnings expectations of $0.043 per share by -844.19%. After releasing the results, i3 Verticals Inc (IIIV) was down by -7.47% in one day.

1858712500120481792.png

i3 Verticals Inc (IIIV, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 7 analysts, the average target price for i3 Verticals Inc (IIIV) is $27.14 with a high estimate of $33 and a low estimate of $20. The average target implies an upside of 11.24% from the current price of $24.40.

Based on GuruFocus estimates, the estimated GF Value for i3 Verticals Inc (IIIV, Financial) in one year is $18.83, suggesting a downside of -22.83% from the current price of $24.40.

Based on the consensus recommendation from 7 brokerage firms, i3 Verticals Inc's (IIIV, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

1858712685072510976.png

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.