EVO Payments Inc (EVOP) Expected to Post Earnings of $0.18 Per Share
Equities analysts forecast that EVO Payments Inc (NASDAQ:EVOP) will announce earnings per share of $0.18 for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for EVO Payments’ earnings. The highest EPS estimate is $0.20 and the lowest is $0.16. The company is expected to announce its next earnings results on Wednesday, February 6th.
On average, analysts expect that EVO Payments will report full-year earnings of $0.52 per share for the current financial year, with EPS estimates ranging from $0.51 to $0.53. For the next year, analysts expect that the business will report earnings of $0.74 per share, with EPS estimates ranging from $0.66 to $0.78. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for EVO Payments.
EVO Payments (NASDAQ:EVOP) last announced its quarterly earnings data on Wednesday, November 7th. The company reported $0.06 EPS for the quarter, missing the Zacks’ consensus estimate of $0.14 by ($0.08). The firm had revenue of $144.76 million for the quarter, compared to analyst estimates of $142.24 million.
Shares of EVOP opened at $24.99 on Monday. EVO Payments has a 1-year low of $19.00 and a 1-year high of $30.45.
Several large investors have recently added to or reduced their stakes in EVOP. Vanguard Group Inc. lifted its holdings in shares of EVO Payments by 78.2% in the third quarter. Vanguard Group Inc. now owns 1,620,579 shares of the company’s stock worth $38,731,000 after acquiring an additional 711,204 shares during the last quarter. TIAA CREF Investment Management LLC lifted its holdings in shares of EVO Payments by 150.8% in the third quarter. TIAA CREF Investment Management LLC now owns 32,571 shares of the company’s stock worth $778,000 after acquiring an additional 19,585 shares during the last quarter. Teachers Advisors LLC bought a new position in shares of EVO Payments in the third quarter worth about $725,000. DF Dent & Co. Inc. bought a new position in shares of EVO Payments in the third quarter worth about $782,000. Finally, MetLife Investment Advisors LLC bought a new position in shares of EVO Payments in the third quarter worth about $435,000. Hedge funds and other institutional investors own 32.82% of the company’s stock.
EVO Payments Company Profile
EVO Payments, Inc operates as an integrated merchant acquirer and payment processor servicing approximately 525,000 merchants. The company processes approximately 900 million transactions in North America and approximately 1.7 billion transactions in Europe. Its payment and commerce solutions consist of gateway solutions, online fraud prevention and management reporting, online hosted payments page capabilities, security tokenization, and encryption solutions at the point-of-sale and online; dynamic currency conversion; loyalty offers; and other ancillary solutions.
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