Euronet Worldwide (EEFT) to Release Quarterly Earnings on Wednesday

Euronet Worldwide (NASDAQ:EEFT - Get Free Report) is scheduled to be releasing its earnings data before the market opens on Wednesday, May 1st. Analysts expect Euronet Worldwide to post earnings of $1.00 per share for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.

Euronet Worldwide (NASDAQ:EEFT - Get Free Report) last released its quarterly earnings data on Wednesday, February 7th. The business services provider reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.34. The business had revenue of $957.70 million during the quarter, compared to analysts' expectations of $844.59 million. Euronet Worldwide had a return on equity of 25.23% and a net margin of 7.63%. The business's quarterly revenue was up 10.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.12 EPS. On average, analysts expect Euronet Worldwide to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Euronet Worldwide Stock Performance

Shares of NASDAQ EEFT traded down $0.14 during trading hours on Wednesday, reaching $105.67. The stock had a trading volume of 225,150 shares, compared to its average volume of 271,783. The firm has a market cap of $4.85 billion, a price-to-earnings ratio of 19.11 and a beta of 1.39. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 1.37. Euronet Worldwide has a fifty-two week low of $73.84 and a fifty-two week high of $121.55. The firm has a 50-day moving average of $107.82 and a 200-day moving average of $97.08.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on EEFT shares. StockNews.com raised Euronet Worldwide from a "hold" rating to a "buy" rating in a research report on Thursday, February 15th. Evercore ISI increased their price objective on Euronet Worldwide from $118.00 to $135.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 26th. Stephens raised Euronet Worldwide from an "equal weight" rating to an "overweight" rating and set a $120.00 price objective for the company in a research report on Thursday, February 1st. Monness Crespi & Hardt began coverage on Euronet Worldwide in a research report on Wednesday, March 20th. They set a "buy" rating and a $140.00 price objective for the company. Finally, Needham & Company LLC increased their price objective on Euronet Worldwide from $115.00 to $120.00 and gave the stock a "buy" rating in a research report on Wednesday, February 7th. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $120.75.

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.