Nuvei Q2 Adj EPS $0.39 Misses $0.44 Estimate, Sales $307.03M Beat $305.77M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nuvei reported Q2 earnings of $0.39 per share, missing the analyst consensus estimate of $0.44 by 11.36%. This is a 23.53% decrease from the same period last year. However, the company's quarterly sales of $307.03 million beat the analyst consensus estimate of $305.77 million by 0.41%, marking a 45.31% increase from last year.
August 09, 2023 | 11:02 am
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Nuvei's Q2 earnings per share missed estimates, but sales exceeded expectations and showed significant YoY growth.
Nuvei's Q2 earnings per share missed the analyst consensus estimate, which could negatively impact the stock. However, the company's sales beat estimates and showed a significant year-over-year increase, which could offset the negative impact of the earnings miss.
CONFIDENCE 90
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RELEVANCE 100