Euronet Worldwide (EEFT) Scheduled to Post Quarterly Earnings on Wednesday

Euronet Worldwide (NASDAQ:EEFTGet Rating) is scheduled to post its quarterly earnings results before the market opens on Wednesday, April 27th. Analysts expect Euronet Worldwide to post earnings of $0.59 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Euronet Worldwide (NASDAQ:EEFTGet Rating) last posted its quarterly earnings data on Wednesday, February 9th. The business services provider reported $0.97 EPS for the quarter, missing analysts’ consensus estimates of $1.25 by ($0.28). The firm had revenue of $811.50 million for the quarter, compared to analysts’ expectations of $807.42 million. Euronet Worldwide had a net margin of 2.36% and a return on equity of 11.89%. During the same quarter last year, the company posted $0.97 EPS. On average, analysts expect Euronet Worldwide to post $6 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Euronet Worldwide stock opened at $135.71 on Wednesday. The stock has a fifty day moving average of $127.16 and a 200 day moving average of $123.55. Euronet Worldwide has a one year low of $96.30 and a one year high of $159.32. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.79 and a current ratio of 1.79. The stock has a market cap of $6.95 billion, a PE ratio of 103.60 and a beta of 1.43.

A number of research firms have recently weighed in on EEFT. StockNews.com initiated coverage on Euronet Worldwide in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Zacks Investment Research downgraded Euronet Worldwide from a “hold” rating to a “strong sell” rating and set a $120.00 price objective on the stock. in a research report on Thursday, February 17th. Needham & Company LLC upped their price objective on Euronet Worldwide from $165.00 to $190.00 and gave the company a “buy” rating in a research report on Friday, February 11th. UBS Group began coverage on Euronet Worldwide in a research report on Thursday, March 31st. They set a “buy” rating and a $163.00 price objective on the stock. Finally, William Blair reiterated an “outperform” rating on shares of Euronet Worldwide in a report on Wednesday, January 5th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Euronet Worldwide presently has a consensus rating of “Buy” and a consensus price target of $165.60.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EEFT. Carroll Investors Inc purchased a new position in Euronet Worldwide during the 4th quarter worth $37,000. Metropolitan Life Insurance Co NY increased its holdings in Euronet Worldwide by 11.5% during the 4th quarter. Metropolitan Life Insurance Co NY now owns 2,679 shares of the business services provider’s stock worth $319,000 after purchasing an additional 276 shares during the period. Vident Investment Advisory LLC increased its holdings in Euronet Worldwide by 46.8% during the 4th quarter. Vident Investment Advisory LLC now owns 4,659 shares of the business services provider’s stock worth $555,000 after purchasing an additional 1,485 shares during the period. LPL Financial LLC boosted its position in Euronet Worldwide by 4.4% during the 3rd quarter. LPL Financial LLC now owns 5,820 shares of the business services provider’s stock valued at $741,000 after acquiring an additional 245 shares in the last quarter. Finally, Stifel Financial Corp boosted its position in Euronet Worldwide by 203.8% during the 4th quarter. Stifel Financial Corp now owns 6,265 shares of the business services provider’s stock valued at $746,000 after acquiring an additional 4,203 shares in the last quarter. Institutional investors own 94.99% of the company’s stock.

About Euronet Worldwide (Get Rating)

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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Earnings History for Euronet Worldwide (NASDAQ:EEFT)

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