PagSeguro Digital Ltd reports results for the quarter ended in January - Earnings Summary

PagSeguro Digital

24/05/2024 08:06

* PagSeguro Digital Ltd  PAGS.N  reported quarterly adjusted
earnings of R$1.63​​ per share for the quarter ended in January,
higher than the same quarter last year, when the company
reported EPS of $1.19.  The mean expectation of eleven analysts
for the quarter was for earnings of $1.49 per share. Wall Street
expected results to range from $1.43  to R$1.59 per share.
    * Revenue rose 14.8% to $4.31 billion from a year ago;
analysts
expected R$4.00 billion. 
    * PagSeguro Digital Ltd's reported EPS for the quarter was
R$1.50​.
    * The company reported quarterly net income of R$482.55
million.
    * PagSeguro Digital Ltd shares had fallen by 14.1% this
quarter and lost 1.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 8.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 6
"hold" and no "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 $16.25 
This summary was machine generated from LSEG data May 24 at
07:06 a.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
 Mar. 31 2024      1.49           1.63           Beat
 Dec. 31 2023      1.47           1.63           Beat
 Sep. 30 2023      1.33           1.36           Beat
 Jun. 30 2023      1.28           1.28           Met