Vertex Analysts Lower Their Forecasts Following Q2 Results - Vertex (NASDAQ:VERX)

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Vertex Inc (NASDAQ: VERX ) reported upbeat earnings for the second quarter on Monday .

The company posted quarterly earnings of 20 cents per share which beat the analyst consensus estimate of 19 cents per share. The company reported quarterly sales of $203.970 million which beat the analyst consensus estimate of $202.296 million.

Vertex said it sees third-quarter sales of $208.000 million-$211.000 million, versus market estimates of $211.696 million.

Vertex shares fell 2% to $13.13 in pre-market trading.

These analysts made changes to their price targets on Vertex following earnings announcement.

Considering buying VERX stock? Here’s what analysts think:

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