Shift4 Payments: Q4 Earnings Snapshot

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ALLENTOWN, Pa. (AP) — ALLENTOWN, Pa. (AP) — Shift4 Payments, Inc. (FOUR) on Tuesday reported fourth-quarter earnings of $13.7 million.

The Allentown, Pennsylvania-based company said it had profit of 21 cents per share. Earnings, adjusted for one-time gains and costs, came to 76 cents per share.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share.

The company posted revenue of $705.4 million in the period. Its adjusted revenue was $269.3 million, which also fell short of Street forecasts. Six analysts surveyed by Zacks expected $278.9 million.

For the year, the company reported profit of $86.2 million, or $1.43 per share. Revenue was reported as $940.4 million.

Shift4 Payments expects full-year revenue in the range of $1.3 billion to $1.35 billion.

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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 FOUR at https://www.zacks.com/ap/FOUR

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