Compared to Estimates, Euronet Worldwide (EEFT) Q2 Earnings: A Look at Key Metrics

Core Insights - Euronet Worldwide reported revenue of $986.2 million for the quarter ended June 2024, which is a 5% increase year-over-year, but it fell short of the Zacks Consensus Estimate of $1.01 billion by 2.4% [1][3] - The company's EPS for the quarter was $2.25, an increase from $2.03 a year ago, but it did not deliver an EPS surprise against the consensus estimate [1][3] Revenue Breakdown - EFT Processing Segment revenue was $305.40 million, which is lower than the estimated $310.85 million, but represents an 8.1% increase year-over-year [5] - epay Segment revenue was reported at $260.90 million, below the average estimate of $280.25 million, reflecting a year-over-year decrease of 1.1% [5] - Money Transfer Segment revenue reached $421.80 million, slightly above the estimated $420.25 million, showing a year-over-year increase of 6.8% [5] Market Performance - Over the past month, Euronet Worldwide shares have returned -2.4%, contrasting with the Zacks S&P 500 composite's increase of 1.1% [6] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [6]