Recap: Evertec Q4 Earnings

Evertec EVTC reported its Q4 earnings results on Thursday, February 24, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Evertec beat estimated earnings by 16.13%, reporting an EPS of $0.72 versus an estimate of $0.62.

Revenue was up $21.04 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 0.75% increase in the share price the next day.

Here's a look at Evertec's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.62	0.57	0.54	0.54
EPS Actual	0.62	0.78	0.62	0.59
Revenue Estimate	142.65M	138.35M	133.00M	133.44M
Revenue Actual	145.88M	149.15M	139.53M	134.20M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Evertec management provided guidance for their next quarter, expecting earnings between $2.47 and $2.56 per share for the next quarter.

This represents a 249.31% in quarter-over-quarter growth for Evertec, a bullish signal to many investors.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar