EVERTEC (NYSE:EVTC – Get Free Report) is scheduled to be announcing its earnings results after the market closes on Wednesday, July 31st. Analysts expect EVERTEC to post earnings of $0.69 per share for the quarter. EVERTEC has set its FY24 guidance at $2.85-$2.94 EPS and its FY 2024 guidance at 2.850-2.940 EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.
EVERTEC (NYSE:EVTC – Get Free Report) last released its earnings results on Wednesday, May 1st. The business services provider reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.09. EVERTEC had a return on equity of 29.86% and a net margin of 8.87%. The firm had revenue of $205.32 million during the quarter, compared to the consensus estimate of $200.75 million. On average, analysts expect EVERTEC to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
EVERTEC Stock Performance
Shares of EVERTEC stock opened at $34.34 on Tuesday. The company has a 50 day moving average of $33.78 and a 200-day moving average of $37.04. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 1.84. EVERTEC has a 1-year low of $28.76 and a 1-year high of $42.21. The company has a market cap of $2.21 billion, a PE ratio of 34.69, a price-to-earnings-growth ratio of 2.01 and a beta of 1.13.
EVERTEC Dividend Announcement
Analyst Ratings Changes
Separately, Keefe, Bruyette & Woods decreased their target price on shares of EVERTEC from $47.00 to $42.00 and set an “outperform” rating on the stock in a research note on Monday, July 8th. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $38.67.
Read Our Latest Research Report on EVTC
EVERTEC Company Profile
EVERTEC, Inc engages in transaction processing business and financial technology in Latin America and the Caribbean. The company operates through four segments: Payment Services – Puerto Rico & Caribbean; Latin America Payments and Solutions; Merchant Acquiring; and Business Solutions. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards.
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