Euronet Worldwide, Inc. (EEFT) Tops Q2 EPS by 1c

Euronet Worldwide, Inc. (NASDAQ: EEFT) reported Q2 EPS of $0.48, $0.01 better than the analyst estimate of $0.47. Revenue for the quarter came in at $341.5 million versus the consensus estimate of $340.28 million.

"Overall, this was another exceptional quarter for our business with 23% year-over-year growth in cash earnings per share for the second quarter," stated Michael J. Brown, Chairman and Chief Executive Officer. "All three segments contributed to our double-digit growth in consolidated revenue, adjusted EBITDA and operating income. EFT and Money Transfer growth remained strong, driven by network expansion and increased demand for value added products. epay continued its improvement, led by increased sales of non-mobile products and prepaid mobile growth in the U.S. With tailwinds in all three segments, we are well positioned to continue this strong momentum into the second half of the year."

Euronet Worldwide, Inc. sees Q3 2013 EPS of $0.54, versus the consensus of $0.51.

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

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