Euronet (EEFT) Q1 Earnings Surpass Estimates, Improve Y/Y
Zacks Investment Research | Apr 30, 2019 11:32PM ET
Euronet Worldwide, Inc. (NASDAQ:EEFT) delivered first-quarter 2019 earnings of 85 cents per share, beating the Zacks Consensus Estimate by 2.4%. Moreover, the bottom line improved 16.4% year over year. This upside can mainly be attributed to double-digit contributions from all the segments.
The company’s reported net income was up 26.5% to 62 cents per share in the quarter under review.
Its total revenues were $577.5 million, up 4.9% from the year-ago quarter owing to solid contributions from EFT Processing Segment and Money Transfer segment. However, the top line missed the Zacks Consensus Estimate by 4.2%.
Euronet’s total transactions were 1.06 million, having increased 17% year over year.
Adjusted operating income rose nearly 23% to $56.1 million.
Euronet Worldwide, Inc. Price, Consensus and EPS Surprise
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