Evertec (NYSE:EVTC) Releases Earnings Results, Beats Expectations By $0.09 EPS

Evertec (NYSE:EVTC) issued its quarterly earnings results on Tuesday. The business services provider reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.09, FiscalAI reports. The company had revenue of $282.99 million during the quarter, compared to the consensus estimate of $272.94 million. Evertec had a net margin of 9.00% and a return on equity of 32.87%. The firm’s quarterly revenue was up 23.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.92 EPS.

Here are the key takeaways from Evertec’s conference call:

• Third-quarter results were strong: revenue rose 24% to $283 million, adjusted EBITDA increased 19% to $110 million, and adjusted EPS grew 15% to $1.07, driven by acquisitions, organic growth and favorable foreign exchange.
• EVERTEC raised its 2026 reported revenue outlook to $1.088 billion–$1.096 billion and expects adjusted EPS growth of 10.5%–12.7%; the company cited solid operating momentum, share repurchases and a higher-than-expected R&D tax credit.
• Latin America remains the primary growth engine. Latin America Payments and Solutions revenue increased 59% reported, or 52% in constant currency, with broad-based organic growth, contributions from Dimensa and Tecnobank, and market-share gains in Brazil, Chile and other markets.
• Management highlighted significant long-term opportunities from digital payment adoption, financial-services modernization, AI productivity initiatives and the Transbank contract, whose contribution is expected to begin late in the second half of 2027 and ramp more meaningfully in 2028.
• Profitability and near-term comparisons face pressure from higher interest expense, depreciation and amortization, non-controlling interest and an increasingly Latin America-heavy mix; Puerto Rico’s vehicle-fine amnesty benefit will not recur, and the expected lower pricing on a renewed EBT relationship will temper 2027 growth.

Evertec Stock Performance

EVTC traded down $0.81 during trading on Thursday, hitting $33.92. 458,627 shares of the company traded hands, compared to its average volume of 500,971. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.89. The firm has a market cap of $2.03 billion, a P/E ratio of 22.32, a price-to-earnings-growth ratio of 0.89 and a beta of 0.71. Evertec has a one year low of $21.81 and a one year high of $35.28. The stock’s fifty day moving average is $29.77 and its 200 day moving average is $28.44.

Evertec Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Monday, November 9th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, November 9th. Evertec’s payout ratio is 13.16%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on EVTC shares. Weiss Ratings upgraded Evertec from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, October 21st. Wall Street Zen upgraded shares of Evertec from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Morgan Stanley set a $34.00 price target on Evertec in a report on Thursday, August 6th. Finally, Keefe, Bruyette & Woods raised their target price on Evertec from $38.00 to $42.00 and gave the company an “outperform” rating in a research note on Wednesday. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Evertec has a consensus rating of “Hold” and an average price target of $35.50.

Insider Buying and Selling at Evertec

In other Evertec news, EVP Paola Perez-Surillo sold 17,486 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $31.56, for a total transaction of $551,858.16. Following the completion of the transaction, the executive vice president directly owned 46,421 shares of the company’s stock, valued at approximately $1,465,046.76. This represents a 27.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Aldo Polak sold 1,094 shares of Evertec stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $30.37, for a total value of $33,224.78. Following the completion of the sale, the director directly owned 14,849 shares of the company’s stock, valued at approximately $450,964.13. This trade represents a 6.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 20,580 shares of company stock valued at $644,673. 1.13% of the stock is owned by corporate insiders.

Evertec Company Profile

Evertec, Inc is a payment processing and financial technology company that provides transaction-processing services and business technology solutions to financial institutions, merchants, government agencies and other organizations. The company operates through businesses that support electronic payments, merchant acquiring, payment networks and related financial services.

Its products and services include debit and credit card processing, point-of-sale and e-commerce payment acceptance, automated teller machine processing, prepaid services, electronic bill payment and money transfer solutions.