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Compared to Estimates, Vertex (VERX) Q1 Earnings: A Look at Key Metrics
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For the quarter ended March 2025, Vertex (VERX - Free Report) reported revenue of $177.06 million, up 12.9% over the same period last year. EPS came in at $0.15, compared to $0.15 in the year-ago quarter.
The reported revenue represents a surprise of +0.28% over the Zacks Consensus Estimate of $176.57 million. With the consensus EPS estimate being $0.13, the EPS surprise was +15.38%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Vertex performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Annual Recurring Revenue: $618.50 million compared to the $617.91 million average estimate based on two analysts.
Revenues- Services: $26.30 million versus $25.12 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +5.4% change.
Revenues- Software subscriptions: $150.76 million versus $151.50 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +14.4% change.
Shares of Vertex have returned +10.3% over the past month versus the Zacks S&P 500 composite's +10.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, Vertex (VERX) Q1 Earnings: A Look at Key Metrics
For the quarter ended March 2025, Vertex (VERX - Free Report) reported revenue of $177.06 million, up 12.9% over the same period last year. EPS came in at $0.15, compared to $0.15 in the year-ago quarter.
The reported revenue represents a surprise of +0.28% over the Zacks Consensus Estimate of $176.57 million. With the consensus EPS estimate being $0.13, the EPS surprise was +15.38%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Vertex performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Annual Recurring Revenue: $618.50 million compared to the $617.91 million average estimate based on two analysts.
- Revenues- Services: $26.30 million versus $25.12 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +5.4% change.
- Revenues- Software subscriptions: $150.76 million versus $151.50 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +14.4% change.
View all Key Company Metrics for Vertex here>>>Shares of Vertex have returned +10.3% over the past month versus the Zacks S&P 500 composite's +10.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.