Evertec Q1 2024 Adj EPS $0.72 Beats $0.68 Estimate, Sales $205.30M Beat $202.24M Estimate
Portfolio Pulse from Benzinga Newsdesk
Evertec reported Q1 2024 adjusted EPS of $0.72, surpassing the $0.68 estimate, with sales of $205.30M exceeding the $202.24M forecast. This represents a 28.46% increase in sales compared to the same period last year.

May 01, 2024 | 8:19 pm
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Evertec reported a Q1 2024 adjusted EPS of $0.72, beating estimates, and sales of $205.30M, also above expectations, marking a significant year-over-year growth.
Evertec's earnings and sales beat not only demonstrates the company's ability to surpass analyst expectations but also indicates a strong year-over-year growth in sales. This positive earnings report is likely to instill investor confidence and could lead to a short-term uptick in EVTC's stock price, given the better-than-expected financial performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100