EVERTEC (NYSE:EVTC – Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, July 31st. Analysts expect the company to announce earnings of $0.69 per share for the quarter. EVERTEC has set its FY24 guidance at $2.85-$2.94 EPS and its FY 2024 guidance at 2.850-2.940 EPS.Investors that wish to register for the company’s conference call can do so using this link.
EVERTEC (NYSE:EVTC – Get Free Report) last released its quarterly earnings results on Wednesday, May 1st. The business services provider reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.09. The firm had revenue of $205.32 million for the quarter, compared to analysts’ expectations of $200.75 million. EVERTEC had a return on equity of 29.86% and a net margin of 8.87%. On average, analysts expect EVERTEC to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
EVERTEC Stock Performance
Shares of EVTC opened at $34.34 on Tuesday. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 1.84. The stock has a 50-day moving average price of $33.78 and a 200-day moving average price of $37.04. The company has a market cap of $2.21 billion, a PE ratio of 34.69, a price-to-earnings-growth ratio of 2.01 and a beta of 1.13. EVERTEC has a 12-month low of $28.76 and a 12-month high of $42.21.
EVERTEC Announces Dividend
Wall Street Analysts Forecast Growth
Separately, Keefe, Bruyette & Woods lowered their price target on EVERTEC from $47.00 to $42.00 and set an “outperform” rating on the stock in a research report on Monday, July 8th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $38.67.
View Our Latest Report on EVERTEC
EVERTEC Company Profile
EVERTEC, Inc engages in transaction processing business and financial technology in Latin America and the Caribbean. The company operates through four segments: Payment Services – Puerto Rico & Caribbean; Latin America Payments and Solutions; Merchant Acquiring; and Business Solutions. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards.
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