Red Violet Inc reports results for the quarter ended in September 30 - Earnings Summary

Reuters11-07

* Red Violet Inc reported quarterly adjusted earnings of 22 cents​​ per share for the quarter ended September 30. The lone analyst forecast for the quarter was for earnings of 23 cents per share.

* Revenue was $19.06 million​; analysts expected $18.44 million.

* Red Violet Inc's reported EPS for the quarter was 12 cents​.

* The company reported quarterly net income of $1.72 million.

* Red Violet Inc shares had risen by 7.9% this quarter and gained 53.7% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts was unchanged in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for Red Violet Inc is 43.00 This summary was machine generated from LSEG data November 7 at 04:54 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 0.23 0.22 Missed

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