Evertec Inc expected to post earnings of 66  cents a share - Earnings Preview

Evertec

24/07/2023 21:36

* Evertec Inc  EVTC.N   EVTC.K  is expected to show a rise
in
quarterly revenue when it reports  results on July 26. 
    * The Rio Piedras Puerto Rico-based   company is expected to
report  a 2.1% increase in revenue to $163.891 million from
$160.57 million a year ago, according to the mean estimate from
5 analysts, based on Refinitiv data. The company's guidance on
July 19 2023, for the period ended June 30, was for revenue
between $166.00 million and $167.00 million.
    * ​Refinitiv's mean analyst estimate for Evertec Inc is for
earnings of 66 cents per share. The company's EPS guidance on
July 19 2023, for the period ended June 30, was between $0.70
and $0.72 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Evertec Inc
is
$36​, below​ its last closing price of $41.37. ​​​

The company's guidance on July 19 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD166 million and USD74 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.60        0.60       0.69      Beat    14.2
 Dec. 31 2023  0.65        0.65       0.65      Met     0.3
 Sep. 30 2022  0.58        0.58       0.40      Missed  -31.4​
 Jun. 30 2022  0.65        0.65       0.65      Met     -0.7
 ​​Mar.        0.61        0.62       0.70      Beat    12.8
 31 2022                                                
 Dec. 31 2021  0.62        0.62       0.72      Beat    15.6​
 Sep. 30 2021  0.62        0.62       0.62      Met     0.2
 Jun. 30 2021  0.57        0.57       0.78      Beat    37
 This summary was machine generated July 24 at 20:36 GMT.  All
figures in US dollars  unless otherwise stated