Euronet Worldwide: Q3 Earnings Snapshot
LEAWOOD, Kan. (AP) — LEAWOOD, Kan. (AP) — Euronet Worldwide Inc. (EEFT) on Friday reported third-quarter earnings of $104.2 million.
On a per-share basis, the Leawood, Kansas-based company said it had profit of $2.05. Earnings, adjusted for non-recurring costs and stock option expense, came to $2.72 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.70 per share.
The electronic payments and transactions processor posted revenue of $1 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $980.2 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EEFT at https://www.zacks.com/ap/EEFT
