Evertec (EVTC) Tops Q4 Earnings and Revenue Estimates

Group 1 - Evertec reported quarterly earnings of $0.87 per share, exceeding the Zacks Consensus Estimate of $0.72 per share, and up from $0.62 per share a year ago, representing an earnings surprise of 20.83% [1] - The company achieved revenues of $216.4 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.91%, and an increase from $194.62 million year-over-year [2] - Over the last four quarters, Evertec has consistently surpassed consensus EPS and revenue estimates [2] Group 2 - The stock has underperformed the market, losing about 5.4% since the beginning of the year compared to the S&P 500's gain of 1.3% [3] - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.78 for the coming quarter and $3.26 for the current fiscal year [7] - The Zacks Industry Rank indicates that the Financial Transaction Services sector is in the bottom 49% of over 250 Zacks industries, which may impact stock performance [8] Group 3 - The estimate revisions trend for Evertec is currently mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]