Euronet Worldwide (NASDAQ:EEFT) Posts Earnings Results, Beats Estimates By $0.04 EPS

Key Points

• Euronet Worldwide reported a quarterly EPS of $3.62, surpassing estimates by $0.04, with a net revenue of $1.15 billion for the quarter, marking a 4.2% year-over-year increase.
• The company's stock fell 4.2% to $84.91 following the earnings report and has a market capitalization of $3.48 billion.
• Euronet Worldwide's FY 2025 EPS guidance was updated to a range of $9.640-9.990, indicating optimistic projections for future earnings.

Euronet Worldwide (NASDAQ:EEFT - Get Free Report) posted its quarterly earnings results on Thursday. The business services provider reported $3.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.58 by $0.04, Briefing.com reports. Euronet Worldwide had a return on equity of 26.62% and a net margin of 8.06%.The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same period last year, the company earned $3.03 EPS. The firm's revenue was up 4.2% on a year-over-year basis. Euronet Worldwide updated its FY 2025 guidance to 9.640-9.990 EPS.

Euronet Worldwide Stock Down 4.2%

Shares of Euronet Worldwide stock traded down $3.73 during trading on Thursday, reaching $84.91. The stock had a trading volume of 317,052 shares, compared to its average volume of 535,258. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $3.48 billion, a price-to-earnings ratio of 11.68, a P/E/G ratio of 0.72 and a beta of 1.21. The stock has a fifty day moving average price of $90.16 and a two-hundred day moving average price of $98.00. Euronet Worldwide has a 52 week low of $82.18 and a 52 week high of $114.25.

Institutional Investors Weigh In On Euronet Worldwide

Several institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC grew its stake in shares of Euronet Worldwide by 131.9% during the 2nd quarter. AQR Capital Management LLC now owns 1,308,267 shares of the business services provider's stock worth $132,632,000 after acquiring an additional 744,040 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Euronet Worldwide by 17.0% in the first quarter. Goldman Sachs Group Inc. now owns 628,384 shares of the business services provider's stock worth $67,143,000 after purchasing an additional 91,348 shares in the last quarter. Lazard Asset Management LLC boosted its holdings in Euronet Worldwide by 162.8% during the second quarter. Lazard Asset Management LLC now owns 267,754 shares of the business services provider's stock worth $27,143,000 after purchasing an additional 165,885 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Euronet Worldwide by 4.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 121,475 shares of the business services provider's stock valued at $12,980,000 after purchasing an additional 5,009 shares in the last quarter. Finally, Public Sector Pension Investment Board increased its stake in Euronet Worldwide by 0.7% in the 2nd quarter. Public Sector Pension Investment Board now owns 93,869 shares of the business services provider's stock valued at $9,516,000 after buying an additional 633 shares during the last quarter. Institutional investors own 91.60% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on EEFT. Keefe, Bruyette & Woods cut their target price on Euronet Worldwide from $110.00 to $100.00 and set a "market perform" rating on the stock in a research note on Wednesday, October 1st. Oppenheimer reduced their price objective on shares of Euronet Worldwide from $134.00 to $133.00 and set an "outperform" rating on the stock in a research note on Friday, October 17th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Euronet Worldwide in a research note on Wednesday, October 8th. DA Davidson reissued a "buy" rating and set a $130.00 price target on shares of Euronet Worldwide in a research report on Friday, September 12th. Finally, Wall Street Zen lowered shares of Euronet Worldwide from a "buy" rating to a "hold" rating in a report on Saturday, October 18th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $122.60.

About Euronet Worldwide

Euronet Worldwide, Inc provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide. It operates through three segments: Electronic Fund Transfer Processing, epay, and Money Transfer. The Electronic Fund Transfer 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 and prepaid card outsourcing, card issuing, and merchant acquiring services.

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