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Vertex (VERX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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Vertex (VERX - Free Report) reported $213.28 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 11%. EPS of $0.26 for the same period compares to $0.17 a year ago.
The reported revenue represents a surprise of +1.7% over the Zacks Consensus Estimate of $209.71 million. With the consensus EPS estimate being $0.22, the EPS surprise was +18.18%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
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: $724.3 million compared to the $717.28 million average estimate based on four analysts.
Net Revenue Retention Rate: 106% versus the two-analyst average estimate of 105.6%.
Revenues- Services: $31.6 million compared to the $29.07 million average estimate based on four analysts. The reported number represents a change of +15.8% year over year.
Revenues- Software subscriptions: $181.68 million compared to the $180.87 million average estimate based on four analysts. The reported number represents a change of +10.2% year over year.
Shares of Vertex have returned +24.2% over the past month versus the Zacks S&P 500 composite's -2% 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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Vertex (VERX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Vertex (VERX - Free Report) reported $213.28 million in revenue for the quarter ended September 2026, representing a year-over-year increase of 11%. EPS of $0.26 for the same period compares to $0.17 a year ago.
The reported revenue represents a surprise of +1.7% over the Zacks Consensus Estimate of $209.71 million. With the consensus EPS estimate being $0.22, the EPS surprise was +18.18%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Vertex performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Vertex here>>>
Shares of Vertex have returned +24.2% over the past month versus the Zacks S&P 500 composite's -2% 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.