The chart below shows how EEFT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, EEFT sees a -2.35% change in stock price 10 days leading up to the earnings, and a -2.34% change 10 days following the report. On the earnings day itself, the stock moves by +0.92%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Record Third Quarter Performance: We delivered a record third quarter on all key consolidated financial metrics.
Financial Performance Overview: We delivered revenue of 1.1 billion, operating income of 182 million, adjusted EBITDA of 226 million, and adjusted EPS of $3.03.
EFT Operating Income Growth: Leading the way for this quarter results was EFT with double-digit constant currency operating income and adjusted EBITDA growth.
Revenue and Income Growth: Money transfer delivered constant dollar third quarter revenue growth of 10%, operating income growth of 7%, and adjusted EBITDA growth of 4% compared to the prior year third quarter.
Adjusted EPS Increase: Our adjusted EPS of $3.03 was up 11% compared to the prior year third quarter.
Negative
Revenue Decline Analysis: Revenue decreased by 5% year-over-year to $1.1 billion, missing analyst expectations of $1.15 billion.
Operating Income Decline: Operating income fell to $182 million, down from $200 million in the previous year, indicating a decline in profitability.
EBITDA Decline Due to Costs: Adjusted EBITDA dropped to $226 million, a decrease from $250 million year-over-year, reflecting increased operational costs.
Customer Growth Slowdown: Customer growth slowed, with only a 2% increase in active users compared to a 10% growth in the previous quarter.
Net Debt Stability: The company reported a net debt of $2.3 billion, unchanged from the previous quarter, indicating a lack of improvement in financial leverage.