Euronet Worldwide, Inc. (EEFT) Tops Q1 EPS by 1c

After the close, Euronet Worldwide, Inc. (NASDAQ: EEFT) reported Q1 EPS of $0.46, $0.01 better than the analyst estimate of $0.45. Revenue for the quarter came in at $353.3 million versus the consensus estimate of $358.2 million.

Euronet Worldwide, Inc. sees Q2 2014 EPS of around $0.57, versus the consensus of $0.56.

"This was an exciting start to 2014 for Euronet highlighted by our announcements of the pending acquisition of HiFX and our partnership with Walmart," stated Michael J. Brown, Euronet's Chairman and Chief Executive Officer. "Operationally, our EFT Segment had another outstanding quarter. Money transfer continued to see strong revenue growth across our markets and epay remained consistent through sustained sales of higher-margin products, all contributing to starting the year off with a strong 21% growth year-over-year in cash EPS."

For earnings history and earnings-related data on Euronet Worldwide, Inc. (EEFT) click here.

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