QIWI plc (QIWI) Tops Q1 EPS by 10c

QIWI plc (NASDAQ: QIWI) reported Q1 EPS of $0.37, $0.10 better than the analyst estimate of $0.27. Revenue for the quarter came in at $51.5 million versus the consensus estimate of $46.68 million.

2017 Guidance1

QIWI upgrades 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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