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

Nuvei

08/05/2024 24:49

* Nuvei Corp  NVEI.TO  reported quarterly adjusted earnings
of 41
cents​​ per share for the quarter ended in March, lower than the
same quarter last year, when the company reported EPS of 44
cents.  The mean expectation of eleven analysts for the quarter
was for earnings of 43 cents per share. Wall Street expected
results to range from 34 cents to 47 cents per share.
    * Revenue rose 30.6% to $335.11 million from a year ago;
analysts
expected $325.95 million. 
    * Nuvei Corp's reported EPS for the quarter was a loss of 5
cents​.
    * The company reported a quarterly loss of $6.86 million.
    * Nuvei Corp shares had risen by 3.5% this quarter and
gained 27.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 10%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the business
support
services peer group is also "hold"

Wall Street's median 12-month price target for Nuvei Corp is
$34.00 
This summary was machine generated from LSEG data May 7 at 11:49
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
 Mar. 31 2024      0.43           0.41           Missed
 Dec. 31 2023      0.45           0.47           Beat
 Sep. 30 2023      0.40           0.39           Missed
 Jun. 30 2023      0.46           0.39           Missed