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Curious about Euronet Worldwide (EEFT) Q3 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2024-10-22 14:21
Core Insights - Euronet Worldwide (EEFT) is expected to report quarterly earnings of $3.12 per share, reflecting a year-over-year increase of 14.7% [1] - Anticipated revenues for the quarter are projected to be $1.06 billion, showing a 5.7% increase compared to the same quarter last year [1] - The consensus EPS estimate has been revised upward by 1% in the past 30 days, indicating a reassessment by analysts [1] Revenue Segments - Revenue from the EFT Processing Segment is forecasted to reach $373.93 million, representing an 8.1% year-over-year change [2] - The Money Transfer Segment is expected to generate revenues of $423.37 million, indicating a 6.9% increase from the previous year [2] - Revenue from the epay Segment is projected at $265.53 million, reflecting a slight increase of 0.4% year-over-year [2] Stock Performance - Euronet Worldwide shares have experienced a decline of 4.6% over the past month, contrasting with the S&P 500 composite's increase of 2.8% [2] - The company holds a Zacks Rank of 4 (Sell), suggesting it may underperform the overall market in the near future [2]
Euronet Announces Third Quarter 2024 Earnings Release Date and Conference Call Details
GlobeNewswire News Room· 2024-10-11 18:02
LEAWOOD, Kan., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Euronet (or the "Company") (NASDAQ: EEFT) announced today it will release third quarter 2024 earnings results prior to the market opening on Thursday, October 24, 2024. Euronet will hold a conference call the same day at 9:00 a.m. Eastern Time to discuss the results. The conference call and accompanying slide show presentation will be accessible via webcast by following the link posted on http://ir.euronetworldwide.com. Participants wanting to access the conf ...
Euronet Worldwide (EEFT) Earnings Expected to Grow: What to Know Ahead of Q3 Release
ZACKS· 2024-10-11 15:00
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's Ria Expands Reach With PLS Partnership in the United States
ZACKS· 2024-09-04 15:51
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 ...
Euronet Stock Rises 24% in a Year: What Lies Ahead for Investors?
ZACKS· 2024-09-03 17:55
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) ...
3 Reasons Growth Investors Will Love Euronet Worldwide (EEFT)
ZACKS· 2024-08-12 17:50
Core Viewpoint - Growth investors seek stocks with above-average financial growth, but identifying such stocks can be challenging due to their inherent risks and volatility [1] Group 1: Company Overview - Euronet Worldwide (EEFT) is highlighted as a recommended stock with a favorable Growth Score and a top Zacks Rank [2] - The company is an electronic payments and transactions processor, making it a relevant growth pick [3] Group 2: Earnings Growth - Historical EPS growth rate for Euronet Worldwide is 10.6%, with projected EPS growth of 16.2% this year, surpassing the industry average of 16.1% [5] Group 3: Asset Utilization - Euronet Worldwide has an asset utilization ratio (sales-to-total-assets ratio) of 0.67, indicating it generates $0.67 in sales for every dollar in assets, compared to the industry average of 0.22 [7] - The company's sales are expected to grow by 6.2% this year, significantly higher than the industry average of 0.1% [7] Group 4: Earnings Estimate Revisions - Current-year earnings estimates for Euronet Worldwide have been revised upward, with the Zacks Consensus Estimate increasing by 1.1% over the past month [9] - The positive trend in earnings estimate revisions correlates with potential near-term stock price movements [8] Group 5: Investment Potential - Euronet Worldwide holds a Zacks Rank of 2 (Buy) and a Growth Score of B, indicating it is a potential outperformer and a solid choice for growth investors [10]
Is Euronet Worldwide (EEFT) a Great Value Stock Right Now?
ZACKS· 2024-08-09 14:46
Core Insights - The article emphasizes the importance of the Zacks Rank system in identifying winning stocks through earnings estimates and revisions [1] - Value investing is highlighted as a favored strategy that seeks to find undervalued companies using fundamental analysis and traditional valuation metrics [2] - The Style Scores system is introduced, particularly its "Value" category, which helps investors identify stocks with high value grades and strong Zacks Ranks [3] Company Analysis: Euronet Worldwide (EEFT) - Euronet Worldwide currently holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [4] - The stock has a Forward P/E ratio of 10.31, significantly lower than the industry average of 12.68, suggesting it may be undervalued [4] - Over the past year, EEFT's Forward P/E has fluctuated between 9.29 and 13.82, with a median of 11.63, indicating variability in market perception [4] - The P/S ratio for EEFT is 1.15, compared to the industry average of 1.76, reinforcing the notion of undervaluation [5] - EEFT's P/CF ratio stands at 11.13, which is attractive relative to the industry's average of 12.47, further supporting its undervalued status [6] - The metrics suggest that Euronet Worldwide is likely undervalued, and its strong earnings outlook makes it an appealing investment opportunity [7]
Euronet Worldwide(EEFT) - 2024 Q2 - Quarterly Report
2024-08-02 20:03
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 (EEFT) Q2 Earnings Meet, EFT Processing Unit Aids
ZACKS· 2024-07-19 18:36
Core Insights - Euronet Worldwide, Inc. (EEFT) reported second-quarter 2024 adjusted earnings of $2.25 per share, matching the Zacks Consensus Estimate, with an 11% year-over-year increase in earnings [1][3] - The company's total revenues improved by 5% year over year to $986.2 million, although it fell short of the consensus estimate by 2.4% [13] Segment Performance - The EFT Processing segment generated revenues of $305.4 million, an 8% year-over-year increase, but missed the Zacks Consensus Estimate of $310.9 million [5] - The epay segment recorded revenues of $260.9 million, down 1% year over year, and also missed the consensus mark of $280.3 million [6] - The Money Transfer segment's revenues grew by 7% year over year to $421.8 million, surpassing the Zacks Consensus Estimate of $420.3 million [8] Financial Metrics - Net income for the quarter was $83.2 million, a decrease of 3.3% year over year, while operating income rose by 10% year over year to $134.3 million [3] - Adjusted EBITDA increased by 7% year over year to $178.2 million [4] - Total operating expenses rose by 4.3% year over year to $851.9 million, driven by higher direct operating costs and salaries [14] Debt and Cash Position - As of June 30, 2024, net debt obligations amounted to $1 billion, a decrease of 39.8% from December 31, 2023 [10] - The company had approximately $802 million remaining under its revolving credit facilities at the end of the second quarter [11] - Euronet exited the quarter with cash and cash equivalents of $1.3 billion, a 1.4% increase from the end of 2023 [21] Future Outlook - Management expects adjusted earnings per share (EPS) to grow by 10-15% year over year in 2024 [23]
Euronet Worldwide(EEFT) - 2024 Q2 - Earnings Call Transcript
2024-07-19 16:31
Euronet Worldwide Inc. (NASDAQ:EEFT) Q2 2024 Earnings Conference Call July 19, 2024 9:00 AM ET Company Participants Michael Brown - Chairman, Chief Executive Officer Rick Weller - Executive Vice President, Chief Financial Officer Adam Godderz - General Counsel Conference Call Participants Andrew Schmidt - Citi Global Markets Pete Heckmann - DA Davidson Charles Nabhan - Stephens Daniel Krebs - Wolfe Research Ken Suchoski - Autonomous Research Mike Grondahl - Northland Securities Gus Gala - Monness, Crespi, ...