Shift4 Payments Q3 Adj $0.82 Beats $0.69 Estimate, Sales $675.40M Miss $703.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
Shift4 Payments (NYSE:FOUR) reported Q3 earnings of $0.82 per share, beating the analyst consensus estimate of $0.69 by 18.84%. However, the company's quarterly sales of $675.40 million missed the analyst consensus estimate of $703.25 million by 3.96%. Compared to the same period last year, earnings increased by 86.36% and sales increased by 23.41%.
November 08, 2023 | 12:02 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Shift4 Payments' Q3 earnings beat estimates but sales missed, indicating mixed performance. Earnings and sales both increased YoY.
Shift4 Payments' earnings beat estimates, which is positive for the stock. However, the company's sales missed estimates, which is negative. The YoY increase in both earnings and sales shows growth, but the missed sales estimate may concern investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100