Shift4 Payments Q2 Outlook: End-to-End Payment Volume $39.0B-$41.0B, Reiterated Gross Revenue Less Network Fees $312M-$317M
Portfolio Pulse from Benzinga Newsdesk
Shift4 Payments projects Q2 end-to-end payment volume to be between $39.0B-$41.0B and has reiterated its gross revenue less network fees forecast to be in the range of $312M-$317M.
May 09, 2024 | 11:21 am
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Shift4 Payments projects a Q2 end-to-end payment volume of $39.0B-$41.0B and reiterates its gross revenue less network fees to be $312M-$317M.
The reaffirmation of revenue guidance and the projection of a substantial payment volume for Q2 suggest a positive outlook for Shift4 Payments. This could lead to increased investor confidence and potentially a positive impact on the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100