PagSeguro Digital Third Quarter 2023 Earnings: Revenues Beat Expectations, EPS In Line

PagSeguro Digital (NYSE:PAGS) Third Quarter 2023 Results

Key Financial Results

• Revenue: R$3.96b (flat on 3Q 2022).
• Net income: R$410.7m (up 8.0% from 3Q 2022).
• Profit margin: 10% (in line with 3Q 2022).
• EPS: R$1.28 (up from R$1.16 in 3Q 2022).

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

PagSeguro Digital Revenues Beat Expectations

Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Diversified Financial industry in the US.

Performance of the American Diversified Financial industry.

The company's shares are up 10.0% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on PagSeguro Digital's balance sheet health.

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