QIWI plc (QIWI) Tops Q2 EPS by 5c, Reiterates FY Outlook

QIWI plc (NASDAQ: QIWI) reported Q2 EPS of $0.30, $0.05 better than the analyst estimate of $0.25. Revenue for the quarter came in at $49.7 million versus the consensus estimate of $48.46 million.

2017 Guidance2

QIWI reiterates its guidance in respect of 2017 outlook:

• Total Adjusted Net Revenue is expected to increase by 10% to 15% over 2016; We expect no material contribution to Total Adjusted Net Revenue from SOVEST project.
• Adjusted Net Profit excluding SOVEST expenses is expected to increase by 12% to 17% over 2016;Adjusted Net Profit including SOVEST expenses is expected to decline by 15% to 30% over 2016.

For earnings history and earnings-related data on QIWI plc (QIWI) click here.

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