Evertec (NYSE:EVTC) issued an update on its FY18 earnings guidance on Wednesday morning. The company provided EPS guidance of $1.25-1.41 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.35. The company issued revenue guidance of $411-425 million, compared to the consensus revenue estimate of $398.72 million.
Shares of Evertec (NYSE:EVTC) traded up $0.85 during trading on Thursday, reaching $16.90. 1,039,936 shares of the company’s stock traded hands, compared to its average volume of 1,311,320. Evertec has a twelve month low of $12.60 and a twelve month high of $19.52. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 4.08. The firm has a market cap of $1,172.72, a PE ratio of 18.98, a price-to-earnings-growth ratio of 2.41 and a beta of 1.24.
Evertec (NYSE:EVTC) last issued its quarterly earnings data on Wednesday, February 21st. The business services provider reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.01. Evertec had a net margin of 15.92% and a return on equity of 95.54%. The business had revenue of $99.63 million during the quarter, compared to analysts’ expectations of $89.98 million. During the same quarter in the previous year, the company earned $0.43 EPS. The business’s revenue was down 2.2% on a year-over-year basis. equities analysts forecast that Evertec will post 1.35 EPS for the current year.
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EVERTEC, Inc is a transaction processing company. The Company provides a range of merchant acquiring, payment processing and business process management services. The Company operates through three segments: Merchant Acquiring, Payment Processing and Business Solutions. As of December 31, 2016, it managed a system of electronic payment networks that processed over two billion transactions annually.
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