Shift4 to Report Third-Quarter Earnings; Zacks Consensus Is $1.11 Per Share

— Jeff Ward, Lehigh Valley News Briefs

Update: The closing price of Shift4: $99.12, down $5.79.

Shift4 Payments, a processor of transactions for retailers, sports teams and other businesses, will report third-quarter earnings Tuesday before the market opens.

The Upper Saucon Township-based financial-technology company will hold a conference call at 8:30 a.m. Tuesday to discuss results.

Shares of Shift4 (NYSE:FOUR) have been rising steadily, and at 2:02 p.m. Monday, were trading at $105.73, touching a 52-week high of $106.10 earlier. The company’s market capitalization is about $9.4 billion.

Chief Executive Jared Isaacman founded what is now Shift4 in 1999 at his family home in New Jersey. He was 16.

— Disclosure: I own shares in Shift4 as part of a buy-and-hold strategy.

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