Nuvei Corp reports results for the quarter ended in March - Earnings Summary

Nuvei

10/05/2023 14:31

* Nuvei Corp  NVEI.TO  reported quarterly adjusted earnings
of 44
cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 44 cents per share.
    * Revenue rose 19.6% to $256.50 million from a year ago;
analysts
expected $252.51 million. 
    * Nuvei Corp's reported EPS for the quarter was a loss of 7
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Nuvei Corp shares had fallen by 3.7% this quarter and
gained 64.9% so far this year.
    * The company reported a quarterly loss of $9.78 million.
    * Wall Street's median 12-month price target for Nuvei Corp
is
$51.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.44           0.44           Met
 Dec. 31 2022      0.43           0.47           Beat
 Sep. 30 2022      0.39           0.43           Beat
 Jun. 30 2022      0.47           0.51           Beat