VeriFone Systems (PAY) Tops Q4 EPS by 1c, Guidance Comes in Light

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Go back to VeriFone Systems (PAY) Tops Q4 EPS by 1c, Guidance Comes in Light

VeriFone (PAY) PT Lowered to $22 at Jefferies Following 4Q

December 13, 2017 8:08 AM EST

Jefferies lowered its price target on VeriFone (NYSE: PAY) to $22.00 (from $23.00) while maintaining a Buy rating following the company's 4Q earnings report. PAY printed Q4 including a modest revenue beat of $477M vs. Street at $472M and adjusted EPS of $0.44, which is a penny above... More