Preview: EVO Payments's Earnings

Comments
Loading...

EVO Payments EVOP announces its next round of earnings this Wednesday, August 04. Here is Benzinga's everything-that-matters guide for this Wednesday's Q2 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Analysts expect EVO Payments earnings of $0.17 per share. Revenue will likely be around $117.15 million, according to the consensus estimate. EVO Payments EPS in the same period a year ago totaled $0.11. Sales were $94.28 million.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to report earnings in line when it publishes results Wednesday, quarterly profit would be up 54.55%. Sales would be up 24.25% from the year-ago period. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020
EPS Estimate 0.12 0.21 0.18 0
EPS Actual 0.13 0.23 0.19 0.11
Revenue Estimate 104.59 M 117.87 M 116.42 M 86.67 M
Revenue Actual 106.18 M 116.67 M 116.98 M 94.28 M

eps graph

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Shares of EVO Payments were trading at $28.59 as of August 02. Over the last 52-week period, shares are up 8.62%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. EVO Payments is scheduled to hold the call at 08:00:00 ET and can be accessed here.

Market News and Data brought to you by Benzinga APIs

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!