PagSeguro Digital Ltd. (PAGS) Q1 Earnings Beat Estimates

Core Insights - PagSeguro Digital Ltd. reported quarterly earnings of $0.31 per share, exceeding the Zacks Consensus Estimate of $0.29 per share, but down from $0.33 per share a year ago, indicating a 6.90% earnings surprise [1] - The company generated revenues of $827.14 million for the quarter, slightly missing the Zacks Consensus Estimate by 0.01%, and down from $869.86 million year-over-year [2] - PagSeguro Digital's stock has increased approximately 57.7% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.1% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.30, with projected revenues of $874.15 million, while the estimate for the current fiscal year is $1.24 on revenues of $3.6 billion [7] - The estimate revisions trend for PagSeguro Digital is 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] Industry Context - The Financial Transaction Services industry, to which PagSeguro Digital belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]