Euronet Worldwide Third Quarter 2024 Earnings: Beats Expectations

Euronet Worldwide (NASDAQ:EEFT) Third Quarter 2024 Results

Key Financial Results

• 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.
• EPS: US$3.19 (up from US$2.15 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Euronet Worldwide Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 24%.

Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Diversified Financial industry in the US.

Performance of the American Diversified Financial industry.

The company's shares are up 3.2% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Euronet Worldwide that you should be aware of.

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