Euronet Worldwide Inc. (EEFT) Issues Q4 Earnings Guidance
Euronet Worldwide Inc. (NASDAQ:EEFT) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided EPS guidance of ~$0.57 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.56, Stock Ratings Network reports.
On a related note, analysts at Piper Jaffray Cos. reiterated an overweight rating on shares of Euronet Worldwide in a research note to investors on Monday, September 30th. They now have a $44.00 price target on the stock, up previously from $39.00.
Euronet Worldwide Inc. (NASDAQ:EEFT) traded down 0.61% during mid-day trading on Wednesday, hitting $42.34. The stock had a trading volume of 23,558 shares. Euronet Worldwide Inc. has a 52-week low of $17.39 and a 52-week high of $38.63. The stock has a 50-day moving average of $36.81 and a 200-day moving average of $31.30. The company has a market cap of $2.119 billion and a price-to-earnings ratio of 68.93.
Euronet Worldwide (NASDAQ:EEFT) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.02. The company had revenue of $360.60 million for the quarter, compared to the consensus estimate of $353.10 million. During the same quarter in the previous year, the company posted $0.42 earnings per share. The company’s revenue for the quarter was up 14.0% on a year-over-year basis. Analysts expect that Euronet Worldwide Inc. will post $1.96 EPS for the current fiscal year.
Euronet Worldwide, Inc (NASDAQ:EEFT) is a global electronic payments provider.
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