Nuvei Corp reports results for the quarter ended September 30 - Earnings Summary

Nuvei

13/11/2024 14:21

* Nuvei Corp  NVEI.TO  reported quarterly adjusted earnings
of 34
cents​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of 39
cents.  The mean expectation of ten analysts for the quarter was
for earnings of 50 cents per share. Wall Street expected
results to range from 48 cents to 53 cents per share.
    * Revenue rose 17.3% to $357.62 million from a year ago;
analysts
expected $340.00 million. 
    * Nuvei Corp's reported EPS for the quarter was 10 cents​.
    * The company reported quarterly net income of $15.36
million.
    * Nuvei Corp shares had risen by 3.8% this quarter and
gained 34.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

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 November 13 at
02:21 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
 Sep. 30 2024      0.50           0.34           Missed
 Jun. 30 2024      0.46           0.41           Missed
 Mar. 31 2024      0.43           0.41           Missed
 Dec. 31 2023      0.45           0.47           Beat