Nuvei Corp expected to post earnings of 43 cents a share - Earnings Preview

Nuvei

03/05/2024 23:14

* Nuvei Corp  NVEI.TO   is expected to show a rise in
quarterly
revenue when it reports  results on May 7 for the period ending
March 31 2024
    * The Montreal Quebec-based  company is expected to report a
27.1% increase in revenue to $325.947 million from $256.5
million a year ago, according to the mean estimate from 12
analysts, based on LSEG data.The company's guidance on March 5
2024, for the period ended March 31, was for revenue between
$322.00 million and $330.00 million.
    * ​LSEG's mean analyst estimate for Nuvei Corp is for
earnings of
43 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"hold" and no "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 Nuvei Corp
is
$34.00​, below​ its last closing price of C$44.21. ​​​

The company's guidance on March 5 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD322 million and USD116 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.45        0.45       0.47      Beat    4.9
 Sep. 30 2023  0.40        0.40       0.39      Missed  -1.8
 Jan. 1 0001   0.46        0.46       0.39      Missed  -15.5​
 Mar. 31 2023  0.44        0.44       0.44      Met     0.1
 ​​Dec.        0.45        0.43       0.47      Beat    10.5
 31 2022                                                
 Sep. 30 2022  0.39        0.39       0.43      Beat    9.6​
 Jan. 1 0001   0.46        0.47       0.51      Beat    9.3
 Mar. 31 2022  0.40        0.41       0.46      Beat    13.5
 This summary was machine generated May 3 at 22:13 GMT.  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)