Shift4 Payments Full Year 2023 Earnings: Misses Expectations
Shift4 Payments (NYSE:FOUR) Full Year 2023 Results
Key Financial Results
Revenue: US$2.56b (up 29% from FY 2022).
Net income: US$86.2m (up 15% from FY 2022).
Profit margin: 3.4% (down from 3.8% in FY 2022).
EPS: US$1.44 (up from US$1.34 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Shift4 Payments Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 23%.
Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Diversified Financial industry in the US.
Performance of the American Diversified Financial industry.
The company's shares are up 11% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 3 warning signs for Shift4 Payments that you need to be mindful of.
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