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The company reported Q3 revenue of $1 billion, a marked increase from last year’s $931.3 million and surpassing the forecasted $986 million. Earnings for the quarter stood at $104.2 million or $2.05 per share, up from last year’s $98.8 million or $1.87 per share, albeit lower than the estimated earnings of $120.5 million or $2.31 per share.
Adjusted earnings for the period reached $2.72 per share, slightly exceeding the anticipated figure of $2.70 per share.
Looking ahead, Euronet projects its adjusted earnings for Q4 to be at $1.75 per share, a forecast that is above the market prediction of $1.67 per share. This optimistic outlook could potentially fuel further investor interest in the fintech firm in the upcoming quarter.
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