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i3 Verticals (IIIV) Updates FY19 Earnings Guidance

The Cerbat Gem

i3 Verticals (NASDAQ:IIIV) issued an update on its FY19 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.79-0.81 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.75. The company issued revenue guidance of $122-125 million, compared to the consensus revenue estimate of $122.80 million. Shares of i3 Verticals traded down $0.40, hitting $14.80, during trading hours on Thursday, Marketbeat.com reports. The company had a trading volume of 127,776 shares, compared to its average volume of 150,282. i3 Verticals has a fifty-two week low of $13.79 and a fifty-two week high of $19.50. IIIV has been the topic of several