Euronet Worldwide (EEFT) Scheduled to Post Quarterly Earnings on Friday

Euronet Worldwide (NASDAQ:EEFT) will issue its quarterly earnings data before the market opens on Friday, July 19th. Analysts expect the company to announce earnings of $2.04 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Euronet Worldwide (NASDAQ:EEFT) last posted its quarterly earnings results on Tuesday, April 30th. The business services provider reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.25. The firm had revenue of $857.00 million for the quarter, compared to analysts’ expectations of $837.85 million. Euronet Worldwide had a net margin of 7.63% and a return on equity of 26.71%. On average, analysts expect Euronet Worldwide to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Euronet Worldwide Stock Down 1.0 %

Shares of Euronet Worldwide stock opened at $107.53 on Thursday. The company has a market cap of $4.93 billion, a price-to-earnings ratio of 18.93 and a beta of 1.45. The company’s 50 day moving average is $109.61 and its 200 day moving average is $106.79. Euronet Worldwide has a twelve month low of $73.84 and a twelve month high of $119.66. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 1.01.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on EEFT. Monness Crespi & Hardt began coverage on shares of Euronet Worldwide in a research report on Wednesday, March 20th. They set a “buy” rating and a $140.00 price objective on the stock. Citigroup increased their price objective on shares of Euronet Worldwide from $120.00 to $135.00 and gave the company a “buy” rating in a research report on Tuesday, May 28th. William Blair restated an “outperform” rating on shares of Euronet Worldwide in a research report on Wednesday, May 1st. Keefe, Bruyette & Woods increased their price objective on shares of Euronet Worldwide from $115.00 to $116.00 and gave the company a “market perform” rating in a research report on Thursday, May 2nd. Finally, Evercore ISI increased their price target on shares of Euronet Worldwide from $118.00 to $135.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 26th. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, Euronet Worldwide presently has a consensus rating of “Moderate Buy” and an average target price of $123.56.

Euronet Worldwide Company Profile

Euronet Worldwide, Inc provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide. It operates through three segments: Electronic Fund Transfer Processing, epay, and Money Transfer. The Electronic Fund Transfer Processing segment provides electronic payment solutions, including automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit and prepaid card outsourcing, card issuing, and merchant acquiring services.