NASDAQ$EEFT

Euronet Worldwide Inc. · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Euronet achieved record-breaking adjusted EPS and exceeded analyst consensus expectations in Q1 2024.

Euronet Worldwide reported a strong first quarter in 2024, with revenues up 9% to $857.0 million and adjusted EPS up 47% to $1.28. The company's performance was driven by growth across all three segments and a focus on expanding its business in new and existing markets.

  • Revenues increased by 9% to $857.0 million compared to Q1 2023.
  • Operating income increased by 40% to $64.0 million compared to Q1 2023.
  • Adjusted EPS increased by 47% to $1.28 compared to Q1 2023.
  • Euronet reaffirms its 2024 adjusted EPS growth guidance range of 10% to 15%.

Headline financials

Total Revenue

$857M

Previous: $787M+8.9%
EPS

$0.55

Previous: $0.87-36.8%
EFT Processing Segment Active ATMs

49.3K

Previous: 47.4K+3.9%
epay Processing Transactions

953.0M

Previous: 973.0M-2.1%
Money Transfer Transactions

40.6M

Previous: 37.6M+8.0%
EFT Processing Segment Transactions

2.5B

Previous: 1.8B+36.1%
Capital Expenditures

-$23.8M

Previous: -$18.6M-28.0%
Free Cash Flow

$2.4M

Previous: $1.5M+60.0%
Net Income

$26.2M

Previous: $20.1M+30.3%
Operating Income

$64M

Previous: $45.6M+40.4%
Gross Profit

$857M

Previous: $787M+8.9%
Cash & Equivalents

$1.24B

Previous: $1.07B+16.0%
Total Assets

$5.69B

Previous: $5.01B+13.6%
Stock-Based Comp

$12.5M

Previous: $14.3M-12.6%

Revenue & EPS history

Euronet · Revenue · Quarterly

$857M

Q1 2024+8.9%vs Q1 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Euronet · $1.01B total across 3 segments · Q3 2023

  • Money Transfer
    $396M+8.5%
  • EFT Processing
    $346M+8.2%
  • epay
    $265M+6.3%

Forward guidance

Euronet anticipates its 2024 adjusted EPS will grow 10-15% year-over-year, consistent with its 10 and 20 year compounded annualized growth rates.

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 2024

Historical avgQ1 2024

+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

Earnings price reactions
QuarterReport dateReaction (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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