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EEFT Euronet Worldwide News Story

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Payments processor Euronet Worldwide Q1 revenue rises 11%, beats estimates

Overview

Payments processor's Q1 revenue rose 11% yr/yr, beating analyst expectations

Adjusted EPS for Q1 increased 40% and beat analyst expectations

Company repurchased $100 mln in stock during the quarter

Outlook

Company reiterates 2026 adjusted EPS growth guidance of 10% to 15% year-over-year

Outlook does not include potential changes in FX rates, interest rates or unforeseen factors

Result Drivers

DIGITAL GROWTH - Ria Digital revenue and transactions grew 42% and 35% yr/yr, offsetting declines in traditional money transfer corridors, per CEO

EFT SEGMENT DRIVERS - Growth in acquiring, REN infrastructure sales, and CoreCard acquisition contributed to EFT Processing segment revenue and adjusted EBITDA gains

EPAY OPERATING INCOME - Operating income and adjusted EBITDA in epay segment benefited from the absence of a $4.5 mln one-time operating tax impact in prior year

Company press release: ID:nGNXbdxrCc

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 RevenueBeat$1.01 bln$969.91 mln (9 Analysts)
Q1 Adjusted EPSBeat$1.58$1.45 (9 Analysts)
Q1 Net Income$37.50 mln
Q1 Adjusted EBITDA$126.70 mln
Q1 Operating Income$72 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "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 18.9% above its April 28 closing price of $75.72 The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago 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.)

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