Worldpay (WP) Scheduled to Post Quarterly Earnings on Tuesday

Worldpay (NYSE:WP) will announce its earnings results before the market opens on Tuesday, January 30th. Analysts expect the company to announce earnings of $0.95 per share for the quarter. Worldpay has set its Q4 guidance at $0.94-0.96 EPS.

Worldpay (NYSE:WP) last issued its quarterly earnings results on Thursday, October 26th. The business services provider reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.01. The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $551.77 million. Worldpay had a return on equity of 41.19% and a net margin of 6.07%. The company’s quarterly revenue was up 13.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.71 earnings per share. On average, analysts expect Worldpay to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Shares of Worldpay (WP) opened at $79.74 on Tuesday. The company has a market capitalization of $14,170.00, a PE ratio of 55.38, a PEG ratio of 1.57 and a beta of 0.58. Worldpay has a twelve month low of $59.10 and a twelve month high of $79.79. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 7.45.

WP has been the topic of a number of research reports. Credit Suisse Group initiated coverage on Worldpay in a report on Monday. They issued an “outperform” rating on the stock. Cantor Fitzgerald restated a “buy” rating and issued a $74.00 price target on shares of Worldpay in a report on Thursday, October 26th. Mizuho restated a “hold” rating and issued a $80.00 price target on shares of Worldpay in a report on Thursday, January 4th. Deutsche Bank boosted their price target on Worldpay to $82.00 and gave the company a “buy” rating in a report on Monday, December 4th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $85.00 price target on shares of Worldpay in a report on Tuesday, October 24th. Seven analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $82.27.

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About Worldpay

Worldpay, Inc, formerly Vantiv, Inc, is a holding company. The Company conducts its operations through its subsidiary, Vantiv Holding, LLC. The Company is a payment processor. The Company’s segments include Merchant Services and Financial Institution Services. The Company offers a range of payment processing services that enable its clients to meet their payment processing needs through a single provider.

Earnings History for Worldpay (NYSE:WP)

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