NASDAQ$EEFT
Euronet Worldwide Inc. · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Euronet's financial performance was impacted by the COVID-19 pandemic, with revenue slightly increasing but operating income and net income significantly decreasing compared to the same period last year.
Euronet Worldwide reported a slight increase in revenue but a significant decrease in operating and net income for Q1 2020 due to the COVID-19 pandemic. The company focused on employee safety, customer service, and fiscal responsibility. Despite challenges, Euronet maintained a strong cash position and implemented cost-saving measures.
- Revenues increased by 1% to $583.9 million, impacted by COVID-19.
- Operating income decreased by 44% to $31.6 million due to fewer European ATM transactions and SG&A investments.
- Net income attributable to Euronet decreased to $1.9 million, with diluted earnings per share at $0.04.
- The company is implementing cost-saving measures and focusing on long-term growth despite the pandemic's impact.
Headline financials
Revenue & EPS history
Euronet · Revenue · Quarterly
$584M
Revenue by segment
Euronet · $585M total across 3 segments · Q1 2020
- Money Transfer$266M+3.8%45.5%
- epay$173M-1.8%29.6%
- EFT Processing$146M+0.1%24.9%
Forward guidance
The Company expects that in the second quarter its Adjusted EBITDA will be nearly break-even and after capital expenditures, interest and taxes, the business will consume approximately $25 million of its cash, which is readily available from the Company's cash balances.
Tailwinds
- Leading-edge technology platforms
- Diverse product portfolio
- Global geographic presence
- Implemented cost saving measures
- Very strong balance sheet with plenty of liquidity
Headwinds
- Adjusted EBITDA will be nearly break-even
- The business will consume approximately $25 million of its cash
- Transaction declines in EFT segment's ATM business ranging from minimal declines to as much as 95%
- Decreases in the brick-and-mortar channels have been about 35%
- Majority of digitally-initiated transactions have been low-margin transactions in India
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+1.0%
Avg return
Earnings day
-0.0%
Avg return
5 days after
+1.1%
Avg return
30 days after
59%
40 / 68 earnings
Positive
+16.2%
Q4 2014
Best reaction
-20.3%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.9% | -4.3% | -4.3% | |
| Q4 2025 | -3.3% | +0.5% | +1.3% | |
| Q3 2025 | -5.8% | -10.4% | -17.3% | |
| Q1 2025 | +3.4% | +4.3% | +11.5% | |
| Q4 2024 | -1.5% | +9.2% | +6.7% | |
| Q3 2024 | +5.4% | +4.7% | +8.7% | |
| Q2 2024 | -5.3% | -5.9% | -4.2% | |
| Q1 2024 | -0.3% | +5.3% | +8.8% | |
| Q4 2023 | +1.3% | +1.6% | +9.7% | |
| Q3 2023 | +9.5% | +6.4% | +10.7% | |
| Q2 2023 | -20.3% | -24.7% | -27.7% | |
| Q1 2023 | -2.1% | +0.0% | +2.3% | |
| Q4 2022 | -3.4% | -0.3% | -7.2% | |
| Q3 2022 | +5.8% | +6.9% | +15.6% | |
| Q2 2022 | -2.1% | -3.4% | -7.5% | |
| Q1 2022 | -5.6% | -10.8% | -12.8% | |
| Q4 2021 | +5.4% | -0.2% | -18.2% | |
| Q3 2021 | -8.4% | -9.1% | -18.6% | |
| Q2 2021 | +2.1% | +6.7% | -0.1% | |
| Q1 2021 | -1.9% | -2.4% | +0.1% | |
| Q4 2020 | +2.4% | +8.1% | +17.3% | |
| Q3 2020 | -3.6% | -3.0% | +49.4% | |
| Q2 2020 | +2.3% | -2.1% | +5.9% | |
| Q1 2020 | +9.2% | +3.8% | +9.3% | |
| Q4 2019 | -6.4% | -8.0% | -45.8% | |
| Q3 2019 | -5.1% | -3.3% | +5.2% | |
| Q2 2019 | -4.1% | -4.0% | -7.8% | |
| Q1 2019 | +1.8% | +2.3% | +5.9% | |
| Q4 2018 | +8.3% | +10.2% | +16.0% | |
| Q3 2018 | +0.3% | -2.2% | -1.7% | |
| Q2 2018 | +11.9% | +10.8% | +14.3% | |
| Q1 2018 | +5.5% | +3.7% | +8.6% | |
| Q4 2017 | -3.4% | -8.0% | +2.1% | |
| Q3 2017 | +3.3% | +0.2% | -8.1% | |
| Q2 2017 | +2.8% | +4.1% | +2.8% | |
| Q1 2017 | -1.4% | -0.8% | -0.3% | |
| Q4 2016 | +6.2% | +10.8% | +14.0% | |
| Q3 2016 | -1.0% | -2.0% | -7.1% | |
| Q2 2016 | +6.0% | +5.3% | +6.8% | |
| Q1 2016 | +3.7% | — | — | |
| Q4 2015 | -8.7% | — | — | |
| Q3 2015 | +7.0% | — | — | |
| Q2 2015 | +4.7% | — | — | |
| Q1 2015 | +4.4% | — | — | |
| Q4 2014 | +16.2% | — | — | |
| Q3 2014 | +8.9% | — | — | |
| Q2 2014 | +8.6% | — | — | |
| Q1 2014 | +5.8% | — | — | |
| Q4 2013 | -10.5% | — | — | |
| Q3 2013 | +1.8% | — | — | |
| Q2 2013 | +9.6% | — | — | |
| Q1 2013 | +5.8% | — | — | |
| Q4 2012 | -2.4% | — | — | |
| Q3 2012 | -0.6% | — | — | |
| Q2 2012 | +5.2% | — | — | |
| Q1 2012 | +1.8% | — | — | |
| Q4 2011 | -2.2% | — | — | |
| Q3 2011 | -1.3% | — | — | |
| Q2 2011 | -0.9% | — | — | |
| Q1 2010 | +1.1% | — | — | |
| Q1 2011 | -1.7% | — | — | |
| Q4 2008 | +2.0% | — | — | |
| Q4 2010 | +2.0% | — | — | |
| Q3 2010 | +0.1% | — | — | |
| Q3 2009 | +0.1% | — | — | |
| Q2 2010 | +1.6% | — | — | |
| Q2 2009 | +1.6% | — | — | |
| Q4 2009 | +1.6% | — | — |
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