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Recap: Evertec Q3 Earnings

Benzinga Insights
·1 min read

Shares of Evertec (NYSE:EVTC) rose 0.45% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 38.30% year over year to $0.65, which beat the estimate of $0.42.

Revenue of $136,507,000 up by 14.90% year over year, which beat the estimate of $119,950,000.

Outlook

Evertec hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Oct 29, 2020

View more earnings on EVTC

Time: 04:30 PM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/evtc/mediaframe/41269/indexr.html

Recent Stock Performance

Company's 52-week high was at $37.14

Company's 52-week low was at $18.21

Price action over last quarter: Up 12.89%

Company Overview

Evertec Inc is a transaction processing business in Latin America and the Caribbean. Its business segments are Merchant Acquiring, Payment Services - Puerto Rico & Caribbean, Payment Services - Latin America, and Business Solutions. The company serves a diversified customer base of financial institutions, merchants, corporations and government agencies with mission-critical technology solutions that enable them to issue, process and accept transactions securely. The company derives revenue based on transaction or discount fees or fees based on the number of accounts on file.

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