Euronet Worldwide (EEFT) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss ...

Euronet Worldwide, Inc.'s (EEFT) Ria Money Transfer ("RIA") inked a deal with a leading community financial services retailer, PLS Financial Services, headquartered in Chicago. Under this new collaboration, RIA will be the exclusive money transfer service provider for more than 200 PLS Check Cashers in the United States. This move bodes well for EEFT as this partnership opens a new channel for Ria to expand money transfer services, which include real-time account deposits to 4.1 billion bank accounts and ac ...

Shares of Euronet Worldwide, Inc. (EEFT) have gained 23.6% in the past year compared with the industry's 21.6% growth. With a market capitalization of $4.8 billion, the average volume of shares traded in the last three months was 0.4 million. Euronet's growth is driven by expansions in its EFT Processing and Money Transfer segments, robust ATM network enhancements, strategic acquisitions and partnerships, all underpinned by a solid financial foundation. The company, presently carrying a Zacks Rank #3 (Hold) ...

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The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-31648 EURONET WORLDWIDE, INC. (Exact name of registrant as specified in its charter) Delaware 74-2806888 (State or other jurisdiction of in ...

Euronet Worldwide, Inc. (EEFT) reported second-quarter 2024 adjusted earnings of $2.25 per share, which matched the Zacks Consensus Estimate. The bottom line advanced 11% year over year. Strong performance in the EFT Processing segment, driven by growth in high-volume low-value transactions in India, alongside solid revenue growth in the Money Transfer segment, due to cross-border and digital transactions, provided a boost to Euronet's quarterly results. However, the upside was partly offset by pressure on ...

Michael Brown Michael Brown Yes, the incremental amount. Great, great. Okay, so usually the way these things work is if youÂ're--a domestic access fee is the technical term for a surcharge, and usually in these markets, the way it works is if you can, do a domestic access. If you can do a DAF, you then donÂ't get the interchange, okay? This interchange of 20 cents or 30 cents or whatever goes away, but you pick up two or three dollars on the domestic access fee. Michael Brown Got it, and thatÂ's all margin? ...

The reported revenue represents a surprise of -2.40% over the Zacks Consensus Estimate of $1.01 billion. With the consensus EPS estimate being $2.25, the company has not delivered EPS surprise. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. View all Key Company Metrics for Euronet Worldwide here>>> Euronet Worldwide (EEFT) reported $986.2 million in revenue fo ...

Financial Performance - Revenues for Q2 2024 were $986.2 million, a 5% increase from $939.1 million in Q2 2023, with a 6% increase on a constant currency basis[13] - Adjusted EBITDA for Q2 2024 was $178.2 million, a 7% increase from $165.8 million in Q2 2023, with a 10% increase on a constant currency basis[13] - Adjusted earnings per share for Q2 2024 were $2.25, an 11% increase from $2.03 in Q2 2023[13] - Revenue for Q2 2024 increased to $986.2 million, up 5% from $939.1 million in Q2 2023[37] - Net income attributable to Euronet Worldwide, Inc. for Q2 2024 was $83.1 million, compared to $86.1 million in Q2 2023[37] - Adjusted EBITDA for Q2 2024 was $178.2 million, up from $165.8 million in Q2 2023[45] - Adjusted earnings per share - diluted for Q2 2024 was $2.25, compared to $2.03 in Q2 2023[40] Cash and Debt - Unrestricted cash and cash equivalents increased to $1,271.8 million as of June 30, 2024, up from $1,236.2 million as of March 31, 2024, driven by cash from operations and short-term borrowings, partially offset by share repurchases and ATM acquisitions[1] - Total indebtedness increased to $2,270.2 million as of June 30, 2024, compared to $1,938.1 million as of March 31, 2024[29] Share Repurchases - The company repurchased 1 million shares for $114 million during Q2 2024, expected to improve future earnings per share by 2%[19] ATM and EFT Processing - Total installed ATMs reached 54,736 as of June 30, 2024, a 5% increase from 52,327 in the same period last year, including the acquisition of 800 ATMs in Malaysia[16][17] - The EFT Processing Segment reported revenues of $421.8 million in Q2 2024, a 7% increase from $394.8 million in Q2 2023, with an 8% increase on a constant currency basis[28] - Euronet's global payments network includes 54,736 installed ATMs and approximately 833,000 EFT POS terminals[44] Money Transfer Segment - Money Transfer Segment's direct-to-consumer digital transactions increased by 24%, representing 12% of total transactions[42] - Money Transfer volumes sent increased by 9% in Q2 2024 compared to the same period in 2023[42] - Euronet's global money transfer network serves 198 countries and territories through approximately 586,000 locations[44] Corporate and Other Expenses - Corporate and Other expenses decreased to $19.1 million in Q2 2024 from $20.5 million in Q2 2023[9] Prepaid Processing Network - The company's prepaid processing network consists of approximately 794,000 POS terminals at 352,000 retailer locations in 64 countries[44] Global Operations - Euronet's global payments network includes 54,736 installed ATMs and approximately 833,000 EFT POS terminals[44] - The company's prepaid processing network consists of approximately 794,000 POS terminals at 352,000 retailer locations in 64 countries[44] - Euronet's global money transfer network serves 198 countries and territories through approximately 586,000 locations[44] - The company operates from its corporate headquarters in Leawood, Kansas, USA, and 67 worldwide offices[44] Future Outlook - The company expects 2024 adjusted EPS to grow 10-15% year-over-year, consistent with its historical growth rates[8]