Nuvei Corp expected to post earnings of 50 cents a share - Earnings Preview

Nuvei

06/11/2024 03:53

* Nuvei Corp  NVEI.TO   is expected to show a rise in
quarterly
revenue when it reports  results on November 7 (estimated) for
the period ending September 30 2024
    * The Montreal Quebec-based  company is expected to report a
11.5% increase in revenue to $339.996 million from $304.85
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Nuvei Corp is for
earnings of
50 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$46.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.46        0.46       0.41      Missed  -10.6
 Jan. 1 0001   0.42        0.43       0.41      Missed  -3.7
 Dec. 31 2023  0.45        0.40       0.47      Beat    4.9​
 Jan. 1 0001   0.40        0.40       0.39      Missed  -1.8
 ​​Jun.        0.46        0.46       0.39      Missed  -15.5
 30 2023                                                
 Jan. 1 0001   0.44        0.44       0.44      Met     0.1​
 Dec. 31 2022  0.45        0.43       0.47      Beat    10.5
 Sep. 30 2022  0.39        0.39       0.43      Beat    9.6
 This summary was machine generated November 6 at 03:53 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)