Shift4 Payments Inc FOUR.N reported quarterly adjusted earnings of $1.10 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 96 cents. The mean expectation of twenty one analysts for the quarter was for earnings of $1.20 per share. Wall Street expected results to range from 86 cents to $1.44 per share.
Revenue rose 16.8% to $966.20 million from a year ago; analysts expected $977.22 million.
Shift4 Payments Inc's reported EPS for the quarter was 32 cents.
The company reported quarterly net income of $24.5 million.
Shift4 Payments Inc shares had risen by 3.1% this quarter and lost 1.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 7.5% in the last three months.
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 5 "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 Shift4 Payments Inc is $115.00, about 11.1% above its last closing price of $102.20
This summary was machine generated from LSEG data August 5 at 03:04 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)