Euronet Worldwide (EEFT) to Release Quarterly Earnings on Tuesday

Euronet Worldwide (NASDAQ:EEFT) will be announcing its earnings results before the market opens on Tuesday, April 24th. Analysts expect the company to announce earnings of $0.77 per share for the quarter. Euronet Worldwide has set its Q1 guidance at ~$0.73 EPS.

Euronet Worldwide (NASDAQ:EEFT) last released its earnings results on Wednesday, February 7th. The business services provider reported $1.13 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.12 by $0.01. The firm had revenue of $604.60 million during the quarter, compared to analyst estimates of $609.53 million. Euronet Worldwide had a net margin of 6.97% and a return on equity of 21.76%. The business’s revenue was up 16.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.99 EPS. On average, analysts expect Euronet Worldwide to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

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Euronet Worldwide stock opened at $75.58 on Tuesday. The firm has a market cap of $3,857.49, a price-to-earnings ratio of 17.45, a PEG ratio of 1.00 and a beta of 1.50. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.34 and a quick ratio of 1.27. Euronet Worldwide has a fifty-two week low of $70.67 and a fifty-two week high of $101.07.

A number of research analysts have weighed in on EEFT shares. BidaskClub lowered shares of Euronet Worldwide from a “sell” rating to a “strong sell” rating in a research report on Wednesday, December 27th. Zacks Investment Research lowered shares of Euronet Worldwide from a “hold” rating to a “sell” rating in a research report on Monday, December 25th. ValuEngine lowered shares of Euronet Worldwide from a “hold” rating to a “sell” rating in a research report on Wednesday, April 4th. William Blair lowered shares of Euronet Worldwide from an “outperform” rating to a “market perform” rating in a research report on Monday, December 18th. Finally, DA Davidson boosted their price objective on shares of Euronet Worldwide to $118.00 and gave the stock a “buy” rating in a report on Thursday, February 1st. Two research analysts have rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the stock. Euronet Worldwide has an average rating of “Hold” and a consensus target price of $111.71.

In other news, CEO Michael J. Brown sold 20,000 shares of the business’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $79.63, for a total transaction of $1,592,600.00. Following the transaction, the chief executive officer now owns 1,502,348 shares in the company, valued at approximately $119,631,971.24. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In the last 90 days, insiders have sold 80,000 shares of company stock worth $6,804,800. Insiders own 7.70% of the company’s stock.

An institutional investor recently raised its position in Euronet Worldwide stock. The Manufacturers Life Insurance Company raised its stake in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) by 7.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,696 shares of the business services provider’s stock after purchasing an additional 116 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Euronet Worldwide were worth $149,000 as of its most recent filing with the SEC.

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About Euronet Worldwide

Euronet Worldwide, Inc is an electronic payments provider. The Company offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers and individual consumers. Its product offerings include automated teller machine (ATM), point-of-sale (POS), card outsourcing, card issuing and merchant acquiring services, electronic distribution of prepaid mobile airtime and other electronic payment products.

Earnings History for Euronet Worldwide (NASDAQ:EEFT)

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