Amcor stock falls after Raymond James reiterates Market Perform rating
Investing.com - i3 Verticals reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
i3 Verticals announced earnings per share of $0.39 on revenue of $85.3M. Analysts polled by Investing.com EPS of $0.36 on revenue of $80.03M.
i3 Verticals 's are down 2% and is trading at $22.28 , still down 26.37% from its 52 week high of $30.26 set on Friday, August 5, 2022.
i3 Verticals follows other major Information Technology sector earnings this month
i3 Verticals's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
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