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Euronet Worldwide Revenue Surges to US$1.01b While Stock Falls Following Earnings Release Euronet Worldwide reported Q1 2026 revenue of US$1.01b, which was 10.5% higher year on year and 4.3% above analyst expectations.
The company processed 20.3b transactions in 2025, with digital products representing about 70% of that volume across its global network of over 47,000 ATMs and 821,000 point-of-sale terminals in more than 60 countries.
Management is repositioning the business as a global payments platform and is targeting 10% to 15% adjusted EPS growth over the next three years, planning to direct at least one-third of free cash flow toward this effort, while the stock is down about 11.3% since the earnings release.
The key tension here is that operational and financial metrics are moving in one direction while the stock reaction has gone the other way, which can happen when the market questions execution or the level of investment required.
If you are following EEFT, it is worth focusing on how effectively the company integrates its payments infrastructure, epay and cross-border transfer segments into a single platform and how that aligns with management’s EPS and capital allocation targets over the next few years. Reported Earnings • Apr 30
First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2026 results: EPS: US$0.80 (down from US$0.88 in 1Q 2025). Revenue: US$1.01b (up 11% from 1Q 2025). Net income: US$37.5m (down 2.3% from 1Q 2025). Profit margin: 3.7% (down from 4.2% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Apr 29
Euronet Worldwide, Inc. Announces Passing of Board Member Andrzej Olechowski on April 25, 2026 Euronet Worldwide, Inc. announced that Andrzej Olechowski, a member of its Board of Directors, passed away on April 25, 2026, at the age of 78. Dr. Olechowski had served as a director of the Company since May 2002 and was a nominee for re-election at the Company’s 2026 Annual Meeting of Stockholders. In light of his passing, he is no longer standing for re-election, and the Company’s Board of Directors has reduced the number of nominees for election at the Annual Meeting. Announcement • Apr 17
Euronet Worldwide, Inc. to Report Q1, 2026 Results on Apr 29, 2026 Euronet Worldwide, Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 29, 2026 Announcement • Apr 15
Euronet Worldwide, Inc. (NasdaqGS:EEFT) entered into an agreement to acquire Paynopain Solutions SL. Euronet Worldwide, Inc. (NasdaqGS:EEFT) entered into an agreement to acquire Paynopain Solutions SL on April 14, 2026.
The transaction is subject to regulatory approvals and customary closing conditions. The transaction is expected to close in the third quarter of 2026. Announcement • Apr 14
Euronet Worldwide, Inc., Annual General Meeting, May 21, 2026 Euronet Worldwide, Inc., Annual General Meeting, May 21, 2026. Location: 11400 tomahawk creek parkway, suite 300, kansas 66211, leawood United States Announcement • Mar 05
Voss Capital Issues Open Letter to the Board of Euronet Worldwide On March 4, 2026, Voss Capital, L.P. announced that it has issued an open letter to board of directors of Euronet Worldwide, Inc., stating that it believes the Company has built an extremely valuable global financial infrastructure, including proprietary payment rails and last-mile distribution capabilities for money remittance, which assembled with decades of regulatory leg work in numerous countries all over the world. In addition, Voss Capital stated that, despite the proven strengths and enviable strategic positioning, the Company’s stock price has underperformed every reasonable comparison over the past 5 years. Further, Voss Capital called on the Company board to immediately explore strategic alternatives, and it believes an immediate exploration of strategic alternatives is the best course of action. Price Target Changed • Feb 13
Price target decreased by 12% to US$86.43 Down from US$98.00, the current price target is an average from 7 analysts. New target price is 27% above last closing price of US$67.96. Stock is down 35% over the past year. The company is forecast to post earnings per share of US$8.05 for next year compared to US$6.76 last year. Price Target Changed • Feb 04
Price target decreased by 8.1% to US$98.00 Down from US$107, the current price target is an average from 7 analysts. New target price is 38% above last closing price of US$70.98. Stock is down 29% over the past year. The company is forecast to post earnings per share of US$7.74 for next year compared to US$6.82 last year. Announcement • Feb 02
Euronet Worldwide, Inc. to Report Q4, 2025 Results on Feb 12, 2026 Euronet Worldwide, Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 12, 2026 Buy Or Sell Opportunity • Jan 02
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to US$74.10. The fair value is estimated to be US$94.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 36% in the next 2 years. Buy Or Sell Opportunity • Nov 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to US$73.29. The fair value is estimated to be US$92.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 40% in the next 2 years. Announcement • Oct 31
Euronet Worldwide, Inc. (NasdaqGS:EEFT) completed the acquisition of CoreCard Corporation (NYSE:CCRD) for approximately $260 million. Euronet Worldwide, Inc. (NasdaqGS:EEFT) entered into a definitive agreement to acquire CoreCard Corporation (NYSE:CCRD) for approximately $250 million on July 30, 2025. Under the terms of the merger agreement Euronet to acquire CoreCard in a stock-for-stock merger transaction that values CoreCard at approximately $248 million, or $30 per share of CoreCard common stock, Under the terms of the merger agreement, each share of CoreCard common stock will be exchanged for a number of shares of Euronet common stock equal to an exchange ratio between 0.2783 and 0.3142, calculated as $30 divided by the volume weighted average share price of Euronet common stock over the 15-trading day period ending on and including the second to last trading day prior to the closing date (the “Final Euronet Stock Price”), subject to a floor of $95.48 per share and a ceiling of $107.80 per share. CoreCard shareholders will receive 0.3142 Euronet shares for each of their CoreCard shares if the Final Euronet Stock Price is at or below $95.48, and 0.2783 Euronet shares for each of their CoreCard shares if the Final Euronet Stock Price is at or above $107.80. The proposed transaction marks a pivotal step in accelerating Euronet’s strategic goal of a more diversified, future-ready revenue mix, that is anchored in scalable, modern platforms designed for the next generation of digital financial services across the globe. The Merger Agreement provides that the CoreCard must pay Euronet a termination fee equal to $7.5 million if the Merger Agreement is terminated in certain circumstances
The consummation of the Merger is subject to certain closing conditions set forth in the Merger Agreement, including: (i) adoption of the Merger Agreement by the Company’s shareholders (the “Company Shareholder Approval”), (ii) the expiration or termination of the waiting period under the United States Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), (iii) the absence of certain orders or laws preventing consummation of the Merger, (iv) the effectiveness of the registration statement on Form S-4 to be filed by Euronet with the SEC in connection with the Merger and (v) the authorization for listing on Nasdaq of the shares of Euronet Common Stock to be issued in connection with the Merger. The obligation of each party to consummate the Merger is also subject to other customary closing conditions, including, among others, (a) the absence of a material adverse effect with respect to the other party, (b) the accuracy of the other party’s representations and warranties, subject to certain materiality standards set forth in the Merger Agreement, (c) compliance in all material respects with the other party’s obligations under the Merger Agreement and (d) the receipt of a tax opinion from their respective counsel to the effect that the Merger will qualify for federal income tax purposes as a “reorganization” within the meaning of Section 368(a) of the Internal Revenue Code of 1986, as amended.
The transaction has been approved by the boards of directors of both Euronet and CoreCard and is expected to close in late 2025. The board of directors of CoreCard unanimously recommends that stockholders of CoreCard vote for merger agreement proposal. As of October 28, 2025, the shareholders of CoreCard have approved the transaction, and the parties involved expect the transaction to close on October 30, 2025.
Patrick Respeliers and Scott Gootee of Stinson LLP is acting as outside counsel to Euronet. Justin B. Heineman and W. Benjamin Barkley of Kilpatrick Townsend & Stockton LLP is acting as outside counsel to CoreCard. Keefe, Bruyette & Woods, a Stifel Company, provided certain financial advice to the board of directors of CoreCard.
Euronet Worldwide, Inc. (NasdaqGS:EEFT) completed the acquisition of CoreCard Corporation (NYSE:CCRD) for approximately $260 million on October 30, 2025. Price Target Changed • Oct 26
Price target decreased by 8.1% to US$117 Down from US$128, the current price target is an average from 7 analysts. New target price is 43% above last closing price of US$82.27. Stock is down 18% over the past year. The company is forecast to post earnings per share of US$7.89 for next year compared to US$6.82 last year. Reported Earnings • Oct 24
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: US$2.72 (down from US$3.41 in 3Q 2024). Revenue: US$1.15b (up 4.2% from 3Q 2024). Net income: US$122.0m (down 20% from 3Q 2024). Profit margin: 11% (down from 14% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Oct 15
Euronet Worldwide, Inc. to Report Q3, 2025 Results on Oct 23, 2025 Euronet Worldwide, Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 23, 2025 Reported Earnings • Aug 01
Second quarter 2025 earnings: EPS exceeds analyst expectations Second quarter 2025 results: EPS: US$2.27 (up from US$1.83 in 2Q 2024). Revenue: US$1.07b (up 8.9% from 2Q 2024). Net income: US$97.6m (up 17% from 2Q 2024). Profit margin: 9.1% (up from 8.4% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.6%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Jul 31
Euronet Worldwide, Inc. (NasdaqGS:EEFT) entered into a definitive agreement to acquire CoreCard Corporation (NYSE:CCRD) for approximately $230 million. Euronet Worldwide, Inc. (NasdaqGS:EEFT) entered into a definitive agreement to acquire CoreCard Corporation (NYSE:CCRD) for approximately $230 million on July 30, 2025. Under the terms of the merger agreement Euronet to acquire CoreCard in a stock-for-stock merger transaction that values CoreCard at approximately $248 million, or $30 per share of CoreCard common stock, Under the terms of the merger agreement, each share of CoreCard common stock will be exchanged for a number of shares of Euronet common stock equal to an exchange ratio between 0.2783 and 0.3142, calculated as $30 divided by the volume weighted average share price of Euronet common stock over the 15-trading day period ending on and including the second to last trading day prior to the closing date (the “Final Euronet Stock Price”), subject to a floor of $95.48 per share and a ceiling of $107.80 per share. CoreCard shareholders will receive 0.3142 Euronet shares for each of their CoreCard shares if the Final Euronet Stock Price is at or below $95.48, and 0.2783 Euronet shares for each of their CoreCard shares if the Final Euronet Stock Price is at or above $107.80. The proposed transaction marks a pivotal step in accelerating Euronet’s strategic goal of a more diversified, future-ready revenue mix, that is anchored in scalable, modern platforms designed for the next generation of digital financial services across the globe. The transaction has been approved by the boards of directors of both Euronet and CoreCard, subject to approval by CoreCard shareholders and the satisfaction of certain other customary closing conditions, including the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and and is expected to close in late 2025.
Stinson LLP is acting as outside counsel to Euronet. Kilpatrick Townsend & Stockton LLP is acting as outside counsel to CoreCard. Keefe, Bruyette & Woods, a Stifel Company, provided certain financial advice to the board of directors of CoreCard. Announcement • Jul 21
Euronet Worldwide, Inc. to Report Q2, 2025 Results on Jul 31, 2025 Euronet Worldwide, Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 31, 2025 Reported Earnings • Apr 25
First quarter 2025 earnings: EPS exceeds analyst expectations First quarter 2025 results: EPS: US$0.83 (up from US$0.57 in 1Q 2024). Revenue: US$915.5m (up 6.8% from 1Q 2024). Net income: US$38.4m (up 47% from 1Q 2024). Profit margin: 4.2% (up from 3.1% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 29%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Apr 17
Euronet Worldwide, Inc. to Report Q1, 2025 Results on Apr 24, 2025 Euronet Worldwide, Inc. announced that they will report Q1, 2025 results Pre-Market on Apr 24, 2025 Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$89.81, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Diversified Financial industry in the US. Total loss to shareholders of 30% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$96.05 per share. Announcement • Apr 07
Euronet Worldwide, Inc., Annual General Meeting, May 14, 2025 Euronet Worldwide, Inc., Annual General Meeting, May 14, 2025. Location: euronet worldwide, inc., 11400 tomahawk creek parkway, suite 300, kansas 66211, leawood United States Recent Insider Transactions • Mar 18
Chairman recently sold US$9.6m worth of stock On the 13th of March, Michael Brown sold around 95k shares on-market at roughly US$101 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months. Reported Earnings • Feb 13
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: US$6.36 (up from US$5.77 in FY 2023). Revenue: US$3.99b (up 8.2% from FY 2023). Net income: US$306.0m (up 9.4% from FY 2023). Profit margin: 7.7% (up from 7.6% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.6%. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Feb 06
Euronet Worldwide, Inc. to Report Q4, 2024 Results on Feb 13, 2025 Euronet Worldwide, Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 13, 2025 Buy Or Sell Opportunity • Jan 30
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at US$99.07. The fair value is estimated to be US$82.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 17% in the next 2 years. Buy Or Sell Opportunity • Jan 15
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at US$99.31. The fair value is estimated to be US$82.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 18% in the next 2 years. Announcement • Dec 13
Euronet Worldwide, Inc. (NasdaqGS:EEFT) agreed to acquire ATM Assets in Lithuania, Estonia and Latvia from Swedbank AB (publ) (OM:SWED A). Euronet Worldwide, Inc. (NasdaqGS:EEFT) agreed to acquire ATM Assets in Lithuania, Estonia and Latvia from Swedbank AB (publ) (OM:SWED A) on December 12, 2024. Under the agreement, Euronet will acquire the bank’s in-branch and off-branch ATM assets in the three Baltic countries while ensuring seamless migration to Euronet’s state-of-the-art Ren payments processing platform and integration with the bank’s existing systems. The Swedbank ATM network has 1,141 ATMs (373 in Estonia, 362 in Latvia and 406 in Lithuania) and includes cash withdrawal and cash deposit/recycling ATMs. The migration will start in the fall of 2025. Recent Insider Transactions Derivative • Dec 10
Chairman exercised options to buy US$7.0m worth of stock. On the 5th of December, Michael Brown exercised options to buy 67k shares at a strike price of around US$56.24, costing a total of US$3.8m. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. Since March 2024, Michael has owned 2.04m shares directly. Company insiders have collectively bought US$35k more than they sold, via options and on-market transactions, in the last 12 months. Announcement • Dec 06
Euronet Appoints Brad Sprong to Its Board of Directors Euronet announced the appointment of Brad Sprong to the Euronet Board of Directors effective December 4, 2024. His appointment increases the size of the board from 10 to 11 members. Mr. Sprong recently retired from a 38-year-long career at KPMG, where he most recently served as Managing Partner, National Private Enterprise division. During his time with KPMG, Mr. Sprong guided many of the firm’s clients across a variety of industries through various transformations, regulatory changes, turnarounds and periods of rapid growth. Mr. Sprong holds a Bachelor of Science degree from William Jewell College in Liberty, Missouri. Recent Insider Transactions Derivative • Nov 29
Executive VP and CEO of epay exercised options and sold US$1.9m worth of stock On the 25th of November, Kevin Caponecchi exercised 52k options at a strike price of around US$56.24 and sold these shares for an average price of US$92.72 per share. This trade did not impact their existing holding. Since December 2023, Kevin's direct individual holding has increased from 86.70k shares to 93.08k. Company insiders have collectively sold US$5.4m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Oct 25
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: US$3.19 (up from US$2.15 in 3Q 2023). Revenue: US$1.10b (up 9.5% from 3Q 2023). Net income: US$151.5m (up 45% from 3Q 2023). Profit margin: 14% (up from 10% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Oct 25
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 2.2% to US$102. The fair value is estimated to be US$84.36, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 41%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 20% in the next 2 years. Announcement • Oct 12
Euronet Worldwide, Inc. to Report Q3, 2024 Results on Oct 24, 2024 Euronet Worldwide, Inc. announced that they will report Q3, 2024 results Pre-Market on Oct 24, 2024 Recent Insider Transactions • Sep 10
Insider recently sold US$1.7m worth of stock On the 6th of September, Juan Bianchi sold around 16k shares on-market at roughly US$101 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.4m more than they bought in the last 12 months. Recent Insider Transactions Derivative • Sep 08
Insider notifies of intention to sell stock Juan Bianchi intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of September. If the sale is conducted around the recent share price of US$103, it would amount to US$410k. Since March 2024, Juan has owned 16.44k shares directly. Company insiders have collectively sold US$957k more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Aug 07
Lead Independent Director recently bought US$301k worth of stock On the 5th of August, Thomas McDonnell bought around 3k shares on-market at roughly US$93.86 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Buy Or Sell Opportunity • Aug 07
Now 20% overvalued Over the last 90 days, the stock has fallen 16% to US$95.89. The fair value is estimated to be US$79.65, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. Reported Earnings • Jul 19
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: US$1.71 (down from US$1.74 in 2Q 2023). Revenue: US$986.2m (up 5.0% from 2Q 2023). Net income: US$83.1m (down 3.5% from 2Q 2023). Profit margin: 8.4% (down from 9.2% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 6.4%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Jul 10
Euronet Worldwide, Inc. to Report Q2, 2024 Results on Jul 19, 2024 Euronet Worldwide, Inc. announced that they will report Q2, 2024 results at 9:30 AM, US Eastern Standard Time on Jul 19, 2024 Announcement • Jun 13
Euronet Worldwide, Inc. Appoints Sergi Herrero to the Board of Directors Euronet Worldwide, Inc. announced the appointment of Sergi Herrero to the Euronet Board of Directors effective June 4, 2024. His appointment increases the size of the board from nine to ten members. Mr. Herrero is currently a Board Member and the Chief Executive Officer of Merchan-E. Previously, he was Meta’s Global Director of Payments and Commerce from 2016 to 2019. At Meta, he created a global partnership team to deploy and grow Meta’s payments and commerce platform. Mr. Herrero currently serves on the boards of Enra and Intix. Mr. Herrero holds master’s degrees in Management from the University of California, Berkley and Ramon Liulll University, Spain and a BS in Electrical Engineering from Ramon Liull University, Spain. Announcement • May 31
Euronet Worldwide, Inc. (NasdaqGS:EEFT) acquired Malaysian Electronic Payment System Sdn Bhd from Payments Network Malaysia Sdn Bhd. Euronet Worldwide, Inc. (NasdaqGS:EEFT) acquired Malaysian Electronic Payment System Sdn Bhd from Payments Network Malaysia Sdn Bhd on May 30, 2024. Effective April 1, 2024, the MEPS ATMs have been fully transferred to Euronet. A rebranding exercise to Euronet’s brand will be completed in the next year, during which time the MEPS brand may still be visible at some ATMs.
Euronet Worldwide, Inc. (NasdaqGS:EEFT) completed the acquisition of Malaysian Electronic Payment System Sdn Bhd from Payments Network Malaysia Sdn Bhd on May 30, 2024. Reported Earnings • May 01
First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2024 results: EPS: US$0.54 (up from US$0.40 in 1Q 2023). Revenue: US$857.0m (up 8.9% from 1Q 2023). Net income: US$26.2m (up 30% from 1Q 2023). Profit margin: 3.1% (up from 2.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 15%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Apr 19
Euronet Worldwide, Inc. to Report Q1, 2024 Results on May 01, 2024 Euronet Worldwide, Inc. announced that they will report Q1, 2024 results Pre-Market on May 01, 2024 Announcement • Apr 06
Euronet Worldwide, Inc., Annual General Meeting, May 16, 2024 Euronet Worldwide, Inc., Annual General Meeting, May 16, 2024, at 13:00 Central Standard Time. Location: Euronet Worldwide, Inc., 11400 Tomahawk Creek Parkway, Suite 300 Leawood Kansas United States Agenda: To consider election of directors;to conduct the annual advisory vote to approve executive compensation; and to consider ratification of the appointment of KPMG LLP as Euronet's independent registered public accounting firm for the year ending December 31, 2024. Announcement • Feb 23
Euronet Announces Appointment of Sara Baack to Its Board of Directors Euronet announced the appointment of Sara Baack to the Euronet Board of Directors effective February 20, 2024. Her appointment increases the size of the board from eight to nine members. Ms. Baack is a Founding Partner at Snowhawk LP, a private investment firm that targets strategic majority investments in businesses that power the economy's digital transition across cloud, connectivity and technology services sectors. She served as Chief Product Officer of Equinix, Inc., a global interconnection and data center company, from 2019 to 2022. Previously, she was Equinix’s Chief Marketing Officer from 2012 to 2019. Ms. Baack currently serves on the board of cloud management firm ProsperOps. Sara holds a B.A. from Rice University and an M.B.A. from Harvard Business School, where she was a Baker Scholar. Announcement • Feb 14
Euronet Worldwide, Inc. (NasdaqGS:EEFT) acquired Infinitium Holdings Pte. Ltd. Euronet Worldwide, Inc. (NasdaqGS:EEFT) acquired Infinitium Holdings Pte. Ltd on February 13, 2024. Infinitium’s products will be integrated with Euronet’s Ren payments platform to provide additional protection against consumer fraud and merchant chargebacks in online transactions. Infinitium possesses a highly diversified workforce of approximately 200 software developers and architects, plus a seasoned senior management team that will remain with Euronet following the successful completion of the acquisition.Euronet Worldwide, Inc. (NasdaqGS:EEFT) completed the acquisition of Infinitium Holdings Pte. Ltd on February 13, 2024. Price Target Changed • Feb 08
Price target increased by 8.1% to US$117 Up from US$108, the current price target is an average from 9 analysts. New target price is 16% above last closing price of US$101. Stock is down 10% over the past year. The company is forecast to post earnings per share of US$6.70 for next year compared to US$5.42 last year. Price Target Changed • Feb 01
Price target increased by 9.6% to US$111 Up from US$102, the current price target is an average from 9 analysts. New target price is 7.0% above last closing price of US$104. Stock is down 12% over the past year. The company is forecast to post earnings per share of US$5.42 for next year compared to US$4.60 last year. Announcement • Jan 25
Euronet Worldwide, Inc. to Report Q4, 2023 Results on Feb 07, 2024 Euronet Worldwide, Inc. announced that they will report Q4, 2023 results Pre-Market on Feb 07, 2024 Recent Insider Transactions Derivative • Dec 06
Chairman notifies of intention to sell stock Michael Brown intends to sell 43k shares in the next 90 days after lodging an Intent To Sell Form on the 4th of December. If the sale is conducted around the recent share price of US$88.80, it would amount to US$3.8m. For the year to December 2016, Michael's total compensation was 6% salary and 94% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2022, Michael's direct individual holding has decreased from 2.05m shares to 2.02m. Company insiders have collectively sold US$5.6m more than they bought, via options and on-market transactions in the last 12 months. New Risk • Oct 29
New major risk - Revenue and earnings growth Earnings have declined by 3.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • Oct 22
Euronet Worldwide, Inc. Provides Earnings Guidance for the Year 2023 and 2024 Euronet Worldwide, Inc. provided earnings guidance for the years 2023 and 2024. For the year 2023, the company will finish with yet another year of double-digit earnings growth.Going forward, in 2024, the company will no longer provide quarterly EPS segment revenue and margin expectations. The company will shift to a simple expectation of an annual adjusted EPS growth range. For 2024, The company expects adjusted EPS and earnings growth to be in the 10% to 15% range. Reported Earnings • Oct 20
Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2023 results: EPS: US$2.02 (up from US$1.97 in 3Q 2022). Revenue: US$1.00b (up 7.8% from 3Q 2022). Net income: US$104.2m (up 6.6% from 3Q 2022). Profit margin: 10% (in line with 3Q 2022). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Recent Insider Transactions Derivative • Oct 18
Chairman exercised options to buy US$659k worth of stock. On the 13th of October, Michael Brown exercised options to buy 9k shares at a strike price of around US$45.93, costing a total of US$390k. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. Since December 2022, Michael's direct individual holding has decreased from 2.05m shares to 2.01m. Company insiders have collectively sold US$4.3m more than they bought, via options and on-market transactions in the last 12 months. Announcement • Oct 11
Euronet Worldwide, Inc. to Report Q3, 2023 Results on Oct 20, 2023 Euronet Worldwide, Inc. announced that they will report Q3, 2023 results Pre-Market on Oct 20, 2023 Price Target Changed • Jul 27
Price target decreased by 7.5% to US$121 Down from US$131, the current price target is an average from 10 analysts. New target price is 35% above last closing price of US$89.69. Stock is down 7.9% over the past year. The company is forecast to post earnings per share of US$5.69 for next year compared to US$4.60 last year. Reported Earnings • Jul 26
Second quarter 2023 earnings: EPS exceeds analyst expectations Second quarter 2023 results: EPS: US$1.63 (up from US$1.14 in 2Q 2022). Revenue: US$939.1m (up 11% from 2Q 2022). Net income: US$86.1m (up 51% from 2Q 2022). Profit margin: 9.2% (up from 6.8% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.0%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jul 12
Euronet Worldwide, Inc. to Report Q2, 2023 Results on Jul 26, 2023 Euronet Worldwide, Inc. announced that they will report Q2, 2023 results Pre-Market on Jul 26, 2023 Board Change • Jul 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Independent Director Ligia Torres Fentanes was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • May 26
Chairman recently sold US$6.0m worth of stock On the 22nd of May, Michael Brown sold around 50k shares on-market at roughly US$121 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months. Reported Earnings • May 03
First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2023 results: EPS: US$0.38 (up from US$0.16 in 1Q 2022). Revenue: US$787.2m (up 9.6% from 1Q 2022). Net income: US$20.1m (up 142% from 1Q 2022). Profit margin: 2.6% (up from 1.2% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 23%. Revenue is forecast to grow 10.0% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. 
