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Euronet Worldwide (EEFT) Tops Q4 EPS by 9c, Revenues Miss; Offers Q1 EPS Guidance Above Consensus

February 8, 2019 6:23 AM

Euronet Worldwide (NASDAQ: EEFT) reported Q4 EPS of $1.37, $0.09 better than the analyst estimate of $1.28. Revenue for the quarter came in at $649.4 million versus the consensus estimate of $663.6 million.

"We finished the year strong, delivering fourth quarter adjusted EPS of $1.37, a 21% year-over-year increase," stated Michael J. Brown, Euronet's Chairman and Chief Executive Officer. "This strong fourth quarter growth included double-digit revenue and adjusted EBITDA contributions from all three segments, together with beneficial income tax expense. EFT sustained its growth from continued expansion of our ATM networks. epay delivered a strong fourth quarter resulting from seasonally strong sales of non-mobile content. And Money Transfer continued its strong growth trends from success in both the physical and digital channels."

"For the full year, we delivered adjusted EPS of $5.53, a 21% year-over-year increase and the sixth consecutive year we have delivered strong double-digit growth in adjusted EPS," continued Mr. Brown. "All three segments contributed to this growth through continued focus on network and product expansion in new and existing markets."

GUIDANCE:

Euronet Worldwide sees Q1 2019 EPS of $0.83, versus the consensus of $0.82.

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

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