PagSeguro Digital Ltd reports results for the quarter - Earnings Summary

PagSeguro Digital

14/11/2024 21:04

* PagSeguro Digital Ltd  PAGS.N  reported quarterly adjusted
earnings of R$1.78​​ per share for the quarter , higher than the
same quarter last year, when the company reported EPS of
R$1.36.  The mean expectation of ten analysts for the quarter
was for earnings of R$1.69 per share. Wall Street expected
results to range from R$1.53  to R$1.82 per share.
    * Revenue rose 20% to R$4.83 billion from a year ago;
analysts
expected R$4.67 billion. 
    * PagSeguro Digital Ltd's reported EPS for the quarter was
R$1.66​.
    * The company reported quarterly net income of R$531
million.
    * PagSeguro Digital Ltd shares had fallen by 6.0% this
quarter and
lost 35.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the business
support
services peer group is also "buy"

Wall Street's median 12-month price target for PagSeguro Digital
Ltd is 14.00 
This summary was machine generated from LSEG data November 14 at
09:04 p.m. UTC. ​All figures in Brazilian reais 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      1.69           1.78           Beat
 Jun. 30 2024      1.61           1.68           Beat
 Mar. 31 2024      1.49           1.63           Beat
 Dec. 31 2023      1.47           1.63           Beat