QIWI PLC (NASDAQ:QIWI) to Release Earnings on Tuesday
QIWI PLC (NASDAQ:QIWI) is scheduled to post its quarterly earnings results before the market opens on Tuesday, August 15th. Analysts expect QIWI PLC to post earnings of $0.24 per share for the quarter.
QIWI PLC (NASDAQ:QIWI) last released its quarterly earnings results on Wednesday, May 17th. The credit services provider reported $0.37 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.13. The company had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.72 billion. QIWI PLC had a return on equity of 23.38% and a net margin of 14.27%. The firm’s revenue was up 15.8% on a year-over-year basis. During the same quarter last year, the business posted $20.41 earnings per share. On average, analysts expect QIWI PLC to post $1.15 EPS for the current fiscal year and $1.52 EPS for the next fiscal year.
Shares of QIWI PLC (NASDAQ QIWI) opened at 20.06 on Tuesday. QIWI PLC has a 52 week low of $11.26 and a 52 week high of $26.55. The stock has a market capitalization of $1.22 billion, a PE ratio of 14.70 and a beta of 3.34.
Several analysts recently issued reports on the stock. ValuEngine raised shares of QIWI PLC from a “buy” rating to a “strong-buy” rating in a research note on Friday, July 28th. Citigroup Inc. cut shares of QIWI PLC from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 26th. Zacks Investment Research cut shares of QIWI PLC from a “strong-buy” rating to a “sell” rating in a research note on Wednesday, July 19th. BidaskClub cut shares of QIWI PLC from a “buy” rating to a “hold” rating in a research note on Monday, July 17th. Finally, VTB Capital cut shares of QIWI PLC from a “buy” rating to a “hold” rating and set a $27.00 price target for the company. in a research note on Monday, June 19th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $23.25.
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QIWI PLC Company Profile
QIWI plc is a provider of payment services in Russia and the Commonwealth of Independent States (CIS). The Company’s network enables payment services across physical, online and mobile channels. The Company operates in target markets and customer segments. As of December 31, 2016, the Company had deployed over 17.2 million virtual wallets, over 162,000 kiosks and terminals, and enabled merchants to accept over Russian rubles 70 billion cash and electronic payments monthly.
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