Shift4 Payments shares slump after company cuts annual revenue, profit forecasts

Shift4 Payments

06/08/2026 15:49

Aug 6 (Reuters) - Shift4 Payments FOUR.N cut its annual revenue and adjusted profit forecasts on Thursday as Middle-East travel disruptions remain a concern for the payments firm, sending its shares down nearly 18% in early trade. 

Here are more details from the company's second quarter results: 
The company lowered its expectations for gross revenue less network fees to the range of $2.48 billion to $2.53 billion for the fiscal year 2026, down from $2.5 billion to $2.6 billion. 
Midpoint of revised range down nearly 200 basis points, reflecting about $25 million hit from Middle East-related travel disruptions and roughly $20 million of FX translation impact, CEO Taylor Lauber said in his shareholder letter. 
The company also cut its forecast for adjusted earnings per share to between $5.15 and $5.35 for the fiscal year 2026, down from previous expectations of between $5.50 and $5.70. 
The per share guidance and free cash flow included the impact of the company's recent financings, according to the CEO 
"The guidance update reflects what I believe is appropriate caution related to the ongoing travel disruption (in the Middle-East)," Lauber said. 
The company reported a net income of $7 million, or 8 cents per share, attributed to common stockholders for the three months June 30, compared with $24 million, or 32 cents per share in the year earlier. 

 (Reporting by Pritam Biswas in Bengaluru; Editing by Shailesh Kuber)
 ((Pritam.Biswas@thomsonreuters.com;))