QIWI plc (NASDAQ:QIWI) provider of electronic online payment systems, is expected to report third quarter earnings results, before market open, on Thursday 19th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.60 per share.
Looking ahead, the full year income are expected at $ 1.71 per share on the revenues of $ 329.32 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 400.61 million ~ $ 430.56 million
Click Here For More Historical Outlooks Of QIWI plc
Previous Quarter Performance
QIWI plc unwinded income for the second quarter of $ 0.63 per share, from the revenue of $ 97.80 million. The quarterly earnings boosted 34.04 percent while revenues developed 4.83 percent compared with the same quarter last year.
According to street consensus, QIWI was expected to report 2Q20 income of $ 0.44 per share from revenue of $ 81.56 million. The bottom line results beat street analysts by $ 0.19 or 43.18 percent, at the same time, top line results outshined analysts by $ 16.24 million or 19.91 percent.
Stock Performance
Shares of QIWI plc traded up $ 0.11 or 0.66 percent on Wednesday, reaching $ 16.75 with volume of 186.30 thousand shares. QIWI plc has traded high as $ 17.00 and has cracked $ 16.68 on the downward trend
According to the previous trading day, closing price of $ 16.75, representing a 93.04 % increase from the 52 week low of $ 8.62 and a 23.11 % decrease over the 52 week high of $ 21.64.
The company has a market capital of $ 1.05 billion and is part of the Financial Services sector and Credit Services industry.
Recent Analyst recommendations
- On 9th October 2020, downgraded by JPMorgan Chase & Co. to Neutral from Overweight rating, with $ 21.00 target price.
Conference Call
QIWI plc will be hosting a conference call at 8:30 AM eastern time on 19th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, +1 (877) 407-3982 or +1 (201) 493-6780 Outside U.S. in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.qiwi.com
Qiwi plc, together with its subsidiaries, operates electronic online payment systems primarily in the Russia, Kazakhstan, Moldova, Belarus, Romania, the United Arab Emirates, and internationally. It operates through Payment Services, Consumer Financial Services, Small and Medium Enterprises, and Rocketbank segments. The company offers payment services across online, mobile, and physical channels through a network of approximately 110,000 kiosks and 34,000 terminals that run its proprietary software.
