Evertec Inc reports results for the quarter ended in September 30 - Earnings Summary

Evertec

07/11/2024 14:55

* Evertec Inc  EVTC.N  reported quarterly adjusted earnings
of 86
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 80 cents.  The mean expectation of six analysts for the
quarter was for earnings of 73 cents per share. Wall Street
expected results to range from 72 cents to 74 cents per share.
    * Revenue rose 22.3% to $211.80 million from a year ago;
analysts
expected $211.52 million. 
    * Evertec Inc's reported EPS for the quarter was 38 cents​.
    * The company reported quarterly net income of $24.68
million.
    * Evertec Inc shares had risen by 0.8% this quarter and
lost 16.6%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the business
support
services peer group is also "hold"

Wall Street's median 12-month price target for Evertec Inc is
36.00 
This summary was machine generated from LSEG data November 7 at
02:54 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.73           0.86           Beat
 Jun. 30 2024      0.69           0.83           Beat
 Mar. 31 2024      0.68           0.72           Beat
 Dec. 31 2023      0.64           0.62           Missed