Euronet Worldwide Q2 EPS $2.03 Beats $2.01 Estimate, Sales $939.10M Miss $941.91M Estimate
Portfolio Pulse from Benzinga Newsdesk
Euronet Worldwide reported Q2 earnings of $2.03 per share, beating the analyst consensus estimate of $2.01 by 1%. This is a 17.34% increase from the same period last year. However, the company's quarterly sales of $939.10 million missed the analyst consensus estimate of $941.91 million by 0.30%. This is an 11.36% increase from the same period last year.
July 26, 2023 | 6:33 am
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Euronet Worldwide's Q2 earnings beat estimates but sales missed. Earnings per share were $2.03, up 17.34% YoY, while sales were $939.10M, missing estimates by 0.30%.
Euronet Worldwide's stock price may experience mixed reactions due to the company's Q2 results. While the earnings beat could provide a positive sentiment, the sales miss might offset this optimism. The net effect could be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100