Shift4 Payments Q1 2024 Adj EPS $0.54 Misses $0.62 Estimate, Sales $707.400M Miss $755.596M Estimate
Portfolio Pulse from Benzinga Newsdesk
Shift4 Payments (FOUR) reported Q1 2024 earnings of $0.54 per share, missing the consensus estimate of $0.62. Sales were $707.4M, below the expected $755.6M but marked a 29.32% increase from the previous year.

May 09, 2024 | 11:08 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Shift4 Payments reported lower-than-expected Q1 2024 earnings and sales, missing estimates but showed significant year-over-year growth.
Missing both EPS and sales estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. However, the significant year-over-year sales growth may mitigate some negative impacts.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100