earnings
confidence high
sentiment positive
materiality 0.75
Euronet Q1 adjusted EPS $1.28 beats consensus; reaffirms 10-15% annual growth guidance
EURONET WORLDWIDE, INC.
2024-Q1 EPS reported
$0.55
revenue$857,000,000
- Revenue $857M (+9% YoY); adjusted EPS $1.28 (+47% YoY) beats consensus; pro forma adjusted EPS $1.13.
- Adjusted EBITDA $108.8M (+17%); net income $26.2M ($0.55 diluted EPS) vs $20.1M ($0.39) prior year.
- EFT Processing revenue +13%, operating income +212% (benefited from $3M duty fee recovery). Money Transfer revenue +7%, op income +14%.
- Cash & equivalents $1.24B; total liquidity $1.84B; reaffirms 10-15% annual adj. EPS growth for 2024.
- epay segment revenue +8% but operating income -3% due to inflationary cost pressures and investments.