Equities analysts expect that Euronet Worldwide, Inc. (NASDAQ:EEFT) will announce earnings of $0.73 per share for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for Euronet Worldwide’s earnings. The lowest EPS estimate is $0.72 and the highest is $0.73. Euronet Worldwide also posted earnings of $0.73 per share during the same quarter last year. The firm is scheduled to announce its next earnings results on Tuesday, April 24th.
On average, analysts expect that Euronet Worldwide will report full-year earnings of $5.20 per share for the current financial year, with EPS estimates ranging from $5.10 to $5.31. For the next fiscal year, analysts forecast that the business will report earnings of $5.93 per share, with EPS estimates ranging from $5.75 to $6.07. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Euronet Worldwide.
Euronet Worldwide (NASDAQ:EEFT) last issued its earnings results on Wednesday, February 7th. The business services provider reported $1.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.12 by $0.01. The business had revenue of $604.60 million during the quarter, compared to analyst estimates of $609.53 million. Euronet Worldwide had a return on equity of 21.76% and a net margin of 6.97%. Euronet Worldwide’s revenue for the quarter was up 16.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.99 earnings per share.
Shares of Euronet Worldwide (EEFT) traded down $0.56 on Friday, reaching $86.48. The company’s stock had a trading volume of 12,844 shares, compared to its average volume of 617,235. The stock has a market capitalization of $4,504.35, a price-to-earnings ratio of 30.98, a P/E/G ratio of 1.17 and a beta of 1.49. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.27 and a current ratio of 1.34. Euronet Worldwide has a 1-year low of $76.26 and a 1-year high of $101.07.
In other Euronet Worldwide news, CEO Nikos Fountas sold 296 shares of the business’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $92.00, for a total value of $27,232.00. Following the completion of the sale, the chief executive officer now owns 550 shares in the company, valued at $50,600. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael J. Brown sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $91.22, for a total value of $1,824,400.00. Following the completion of the sale, the chief executive officer now owns 1,522,348 shares of the company’s stock, valued at approximately $138,868,584.56. The disclosure for this sale can be found here. Insiders sold 95,897 shares of company stock valued at $8,267,480 in the last quarter. Corporate insiders own 7.70% of the company’s stock.
Hedge funds have recently made changes to their positions in the business. American International Group Inc. bought a new stake in Euronet Worldwide in the fourth quarter valued at approximately $100,000. Delpha Capital Management LLC bought a new position in shares of Euronet Worldwide during the fourth quarter valued at approximately $101,000. FNY Managed Accounts LLC bought a new position in shares of Euronet Worldwide during the fourth quarter valued at approximately $126,000. The Manufacturers Life Insurance Company raised its holdings in shares of Euronet Worldwide by 7.3% during the second quarter. The Manufacturers Life Insurance Company now owns 1,696 shares of the business services provider’s stock valued at $149,000 after acquiring an additional 116 shares in the last quarter. Finally, Turner Investments LLC bought a new position in shares of Euronet Worldwide during the third quarter valued at approximately $174,000.
TRADEMARK VIOLATION WARNING: This piece of content was first reported by Markets Daily and is the sole property of of Markets Daily. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of United States & international copyright and trademark law. The correct version of this piece of content can be read at https://www.themarketsdaily.com/2018/03/14/analysts-expect-euronet-worldwide-inc-eeft-will-post-earnings-of-0-73-per-share.html.
About Euronet Worldwide
Euronet Worldwide, Inc is an electronic payments provider. The Company offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers and individual consumers. Its product offerings include automated teller machine (ATM), point-of-sale (POS), card outsourcing, card issuing and merchant acquiring services, electronic distribution of prepaid mobile airtime and other electronic payment products.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Euronet Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Euronet Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.