Nuvei Corp expected to post earnings of 46  cents a share - Earnings Preview

Nuvei

07/08/2023 14:42

* Nuvei Corp  NVEI.TO   is expected to show a rise in
quarterly
revenue when it reports  results on August 9. 
    * The Montreal Quebec-based  company is expected to report 
a
44.7% increase in revenue to $305.848 million from $211.29
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on May
10 2023, for the period ended June 30, was for revenue between
$300.00 million and $308.00 million.
    * ​Refinitiv's mean analyst estimate for Nuvei Corp is for
earnings of 46 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"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
$45​, above​ its last closing price of C$41.45. ​​​

The company's guidance on May 10 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD300 million and USD110 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  0.44        0.44       0.44      Met     0.1
 Dec. 31 2023  0.45        0.43       0.47      Beat    10.5
 Sep. 30 2022  0.39        0.39       0.43      Beat    9.6​
 Jun. 30 2022  0.46        0.47       0.51      Beat    9.3
 ​​Mar.        0.40        0.41       0.46      Beat    13.5
 31 2022                                                
 Dec. 31 2021  0.46        0.45       0.47      Beat    4.3​
 Sep. 30 2021  0.39        0.39       0.42      Beat    8.1
 Jun. 30 2021  0.35        0.35       0.44      Beat    26.3
 This summary was machine generated August 7 at 13:42 GMT.  All
figures in US dollars  unless otherwise stated