Evertec, Inc. (NYSE:EVTC) is set to announce third quarter earning results on Thursday 29th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, EVTC to report 3Q20 income of $ 0.42 per share.
For the full year, analysts anticipate top line of $ 489.44 million, while looking forward to income of $ 1.73 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 501.00 million ~ $ 508.00 million, where as bottomline are predicted in a range of $ 2.00 ~ $ 2.06 per share
Click Here For More Historical Outlooks Of Evertec, Inc.
Previous Quarter Performance
Evertec, Inc. disclosed income for the second quarter of $ 0.38 per share, from the revenue of $ 117.94 million. The quarterly earnings dropped 25.49 percent compared with the same quarter last year. Street analysts expected Evertec, Inc. to report income of $ 0.35 per share on revenue of $ 109.94 million for the second quarter. The bottom line results beat street analysts by $ 0.03 or 8.57 percent, at the same time, top line results outshined analysts by $ 8.00 million or 7.28 percent.
Stock Performance
Shares of Evertec, Inc. traded low $ -0.61 or -1.76 percent on Wednesday, reaching $ 34.00 with volume of 492.00 thousand shares. Evertec, Inc. has traded high as $ 34.37 and has cracked $ 33.61 on the downward trend
According to the previous trading day, closing price of $ 34.00, representing a 90.06 % increase from the 52 week low of $ 18.21 and a 6.81 % decrease over the 52 week high of $ 37.14.
The company has a market capital of $ 2.44 billion and is part of the Technology sector and Software – Infrastructure industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.05 per share on July 24, 2020. The dividend were payable on September 4, 2020 to holders of record as of the close of business on August 3, 2020 and ex-dividend date on July 31, 2020.
Conference Call
Evertec, Inc. will be hosting a conference call at 4:30 PM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.evertecinc.com
EVERTEC, Inc. engages in transaction processing business serving financial institutions, merchants, corporations, and government agencies in Latin America and the Caribbean. The company operates in four segments: Payment Services – Puerto Rico & Caribbean; Payment Services – Latin America; Merchant Acquiring; and Business Solutions.
