Verifone Reports Results for the Fourth Quarter and Full Year Fiscal 2015

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Jefferies Tweaked Estimates on VeriFone Systems (PAY) Following 4Q Results

December 16, 2015 9:07 AM EST

Jefferies maintained a Buy rating on VeriFone (NYSE: PAY), and cut the price target to $40.00 (from $43.00), following the company's 4Q earnings report, and conference call.

Analyst Jason Kupferberg commented, "On the back of F4Q15 results and management commentary, we are tweaking our... More

Imperial Capital Cuts Price Target on VeriFone Systems (PAY) Despite 4Q Beat

December 16, 2015 7:39 AM EST

Imperial Capital maintained an Outperform rating on VeriFone (NYSE: PAY), and cut the price target to $32.00 (from $38.00), following the company's 4Q earnings report. Revenue of $514mn was up 5% year-over-year (yoy) and 15% on constant
currency basis. The price cut is a side... More

VeriFone Systems (PAY) 4Q EPS Beat Driven by Strong NA Growth; Piper Jaffray Reiterates Outperform

December 15, 2015 7:34 AM EST

Piper Jaffray reiterated an Overweight rating and $38.00 price target on VeriFone (NYSE: PAY) following the company's 4Q earnings report. PAY reported non-GAAP EPS of $0.49, coming in ahead of consensus estimates of $0.48. The beat was driven by stronger North America growth, though partially... More

Goldman Sachs Downgrades VeriFone (PAY) to Neutral

December 15, 2015 7:26 AM EST

Goldman Sachs downgraded VeriFone (NYSE: PAY) from Buy to Neutral with a price target of $30.00 (from $37.00).

For an analyst ratings summary and ratings history on VeriFone click here. For more ratings news on VeriFone click here.

Shares of VeriFone closed at $26.43 yesterday.

... More

VeriFone Systems (PAY) Misses Q4 EPS by 3c, Offers Q1 & FY16 Guidance

December 14, 2015 4:04 PM EST

VeriFone Systems (NYSE: PAY) reported Q4 EPS of $0.45, $0.03 worse than the analyst estimate of $0.48. Revenue for the quarter came in at $514.1 million versus the consensus estimate of $513.65 million.

GUIDANCE:

VeriFone Systems sees Q1 2016 EPS of $0.45, versus the consensus of $0.50. VeriFone... More