Euronet Worldwide misses Q2 revenue estimates, reiterates 2026 adjusted EPS outlook
Euronet Worldwide misses Q2 revenue estimates, reiterates 2026 adjusted EPS outlook
Overview
Payments processor's Q2 revenue rose 3% yr/yr but missed analyst expectations
Adjusted EPS for Q2 increased 10% yr/yr but missed analyst expectations
Company repurchased $50 mln in shares during the quarter
Outlook
Euronet Worldwide reiterates 2026 adjusted EPS growth outlook of 10% to 15% yr-over-yr
Company says digital accelerators expected to remain key growth drivers for future results
Company notes Cross-Border Payments segment faces headwinds from U.S. immigration policy changes
Result Drivers
DIGITAL ACCELERATORS - Revenue from digital accelerator initiatives rose 31% yr/yr and made up 26% of Q2 revenue, according to the company
PAYMENTS INFRASTRUCTURE - Segment growth driven by merchant acquiring, infrastructure sales, and CoreCard acquisition, partially offset by softer European travel
CROSS-BORDER PAYMENTS - Segment revenue and profit declined due to lower U.S. outbound remittance volumes from immigration policy changes and absence of prior-year one-off benefits
Company press release: ID:nGNX39K4LM
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Miss | $1.11 bln | $1.14 bln (8 Analysts) |
Q2 Adjusted EPS | Miss | $2.82 | $2.97 (8 Analysts) |
Q2 Net Income |
| $77.40 mln |
|
Q2 Adjusted EBITDA |
| $192.80 mln |
|
Q2 Operating Income |
| $137.10 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the business support services peer group is "buy"
Wall Street's median 12-month price target for Euronet Worldwide Inc is $90.00, about 7.6% above its July 29 closing price of $83.67
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 6 three months ago
Reuters Recommended Reads
July 29 - Payments firm Nexi confirms 2026 outlook after 2% core profit drop
July 28 - Visa tops profit estimates on resilient spending, World Cup travel
July 28 - PayPal presses on with turnaround in pivotal quarter as sale questions linger
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Recent news on Euronet Worldwide
See all newsEuronet Worldwide Inc reports results for the quarter ended June 30 - Earnings Summary
Euronet Worldwide misses Q2 revenue estimates, reiterates 2026 adjusted EPS outlook
Brief: Euronet Worldwide Q2 Adjusted EPS USD 2.82 Vs. IBES Estimate USD 2.97
Payments processor Euronet Worldwide Q1 revenue rises 11%, beats estimates
Brief: Voss Capital Urges Euronet Worldwide Board To Explore Strategic Alternatives