Analysts expect Euronet Worldwide, Inc. (NASDAQ:EEFT) to post $0.73 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Euronet Worldwide’s earnings, with estimates ranging from $0.71 to $0.74. Euronet Worldwide reported earnings per share of $0.04 during the same quarter last year, which would indicate a positive year-over-year growth rate of 1,725%. The company is scheduled to announce its next quarterly earnings results on Wednesday, August 4th.
On average, analysts expect that Euronet Worldwide will report full year earnings of $4.36 per share for the current fiscal year, with EPS estimates ranging from $4.13 to $4.59. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Euronet Worldwide.
Euronet Worldwide (NASDAQ:EEFT) last posted its quarterly earnings data on Thursday, April 29th. The business services provider reported $0.23 EPS for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.18). Euronet Worldwide had a negative net margin of 0.55% and a positive return on equity of 8.39%. The company had revenue of $652.70 million for the quarter, compared to analyst estimates of $614.78 million.
Shares of NASDAQ EEFT traded down $1.52 during mid-day trading on Thursday, reaching $155.44. 238,688 shares of the company traded hands, compared to its average volume of 338,797. Euronet Worldwide has a fifty-two week low of $86.06 and a fifty-two week high of $167.71. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.76 and a current ratio of 1.76. The firm has a market capitalization of $8.21 billion, a price-to-earnings ratio of -570.05 and a beta of 1.66. The company has a fifty day moving average of $146.12.
A number of institutional investors have recently bought and sold shares of the stock. Principal Financial Group Inc. boosted its stake in Euronet Worldwide by 15.3% in the 1st quarter. Principal Financial Group Inc. now owns 3,431 shares of the business services provider’s stock worth $475,000 after purchasing an additional 454 shares during the period. Virtu Financial LLC acquired a new stake in shares of Euronet Worldwide during the 1st quarter valued at $525,000. Paloma Partners Management Co acquired a new stake in shares of Euronet Worldwide during the 1st quarter valued at $1,808,000. Millennium Management LLC boosted its stake in shares of Euronet Worldwide by 247.2% during the 1st quarter. Millennium Management LLC now owns 235,653 shares of the business services provider’s stock valued at $32,591,000 after buying an additional 167,781 shares during the period. Finally, Canada Pension Plan Investment Board boosted its stake in shares of Euronet Worldwide by 7.5% during the 1st quarter. Canada Pension Plan Investment Board now owns 4,893 shares of the business services provider’s stock valued at $677,000 after buying an additional 342 shares during the period. 92.08% of the stock is owned by hedge funds and other institutional investors.
About Euronet Worldwide
Euronet Worldwide, Inc provides payment and transaction processing and distribution solutions to financial institutions, agents, retailers, merchants, content providers, and individual consumers worldwide. The company's 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 card outsourcing, card issuing, and merchant acquiring services.
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