Euronet Worldwide Q1 2024 Adj EPS $1.28 Beats $1.04 Estimate, Sales $857.000M Beat $845.578M Estimate
Portfolio Pulse from Benzinga Newsdesk
Euronet Worldwide (NASDAQ:EEFT) reported Q1 2024 adjusted EPS of $1.28, surpassing the $1.04 estimate, and sales of $857M, exceeding the $845.578M estimate. This represents a 47.13% increase in EPS and an 8.87% increase in sales year-over-year.
May 01, 2024 | 5:15 am
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Euronet Worldwide reported a significant beat on both EPS and sales estimates for Q1 2024, indicating strong financial performance.
The substantial beat on both earnings per share and sales estimates for Q1 2024, compared to analyst expectations, suggests a strong financial performance and operational efficiency. This outperformance, especially the significant year-over-year growth in EPS and sales, is likely to positively influence investor sentiment and could lead to an uptick in EEFT's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100