Euronet Worldwide, Inc. (NASDAQ:EEFT) is set to announce third quarter earning results on Wednesday 28th October 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, EEFT to report 3Q20 income of $ 0.53 per share.
For the full year, analysts anticipate top line of $ 2373.99 million, while looking forward to income of $ 1.87 per share bottom line.
Previous Quarter Performance
Euronet Worldwide, Inc. revealed income for the second quarter of $ 0.04 per share, from the revenue of $ 527.80 million. The quarterly earnings down 97.63 percent compared with the same quarter last year. According to street consensus, EEFT was expected to report 2Q20 loss of $ 0.37 per share from revenue of $ 482.81 million. The bottom line results beat street analysts by $ 0.41 or 110.81 percent, at the same time, top line results outshined analysts by $ 44.99 million or 9.32 percent.
Stock Performance
Shares of Euronet Worldwide, Inc. traded low $ -3.24 or -3.54 percent on Tuesday, reaching $ 88.36 with volume of 839.30 thousand shares. Euronet Worldwide, Inc. has traded high as $ 91.39 and has cracked $ 87.75 on the downward trend
According to the previous trading day, closing price of $ 88.36, representing a 49.50 % increase from the 52 week low of $ 61.27 and a 45.36 % decrease over the 52 week high of $ 167.64.
The company has a market capital of $ 4.62 billion and is part of the Industrials sector and Business Services industry.
Conference Call
Euronet Worldwide, Inc. will be hosting a conference call at 9:00 AM eastern time on 28th 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.euronetworldwide.com
Euronet Worldwide, Inc. provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide. The companys Electronic Financial Transaction (EFT) Processing segment provides electronic payment solutions, including automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit card outsourcing, card issuing, and merchant acquiring services.
