Evertec Q2 Adj EPS $0.71 Beats $0.66 Estimate, Sales $167.08M Beat $163.89M Estimate
Portfolio Pulse from sunil@benzinga.com
Evertec (NYSE:EVTC) reported Q2 earnings of $0.71 per share, beating the analyst consensus estimate of $0.66 by 7.58%. This is a 5.97% increase over earnings of $0.67 per share from the same period last year. The company also reported quarterly sales of $167.08 million, beating the analyst consensus estimate of $163.89 million by 1.94%. This is a 4.05% increase over sales of $160.57 million the same period last year.
July 26, 2023 | 8:58 pm
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POSITIVE IMPACT
Evertec's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
Evertec's earnings and sales for Q2 have both exceeded analyst estimates, which is typically a positive signal for investors. This strong financial performance could lead to increased investor confidence and potentially a rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100