In This Article:
Euronet Worldwide (NASDAQ:EEFT) First Quarter 2024 Results
Key Financial Results
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Revenue: US$857.0m (up 8.9% from 1Q 2023).
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Net income: US$26.2m (up 30% from 1Q 2023).
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Profit margin: 3.1% (up from 2.6% in 1Q 2023). The increase in margin was driven by higher revenue.
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EPS: US$0.54 (up from US$0.40 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Euronet Worldwide Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 15%.
Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Diversified Financial industry in the US.
Performance of the American Diversified Financial industry.
The company's shares are down 1.2% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Euronet Worldwide's balance sheet health.
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