NASDAQ$EEFT
Euronet Worldwide Inc. · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Euronet reported year-over-year double digit revenue and operating income growth, supported by strong results from all three segments.
Euronet Worldwide reported a strong third quarter with double-digit growth in revenue, operating income, and adjusted EBITDA across all three segments. The company's resilience was evident despite challenging macroeconomic conditions, with growth driven by the recovery of international travel, expansion of digital distribution networks, and continued demand for digital content.
- Revenues increased by 14% year-over-year to $931.3 million.
- Operating income grew by 47% year-over-year to $168.5 million.
- Adjusted earnings per share increased by 55% year-over-year to $2.74.
- The company anticipates its fourth quarter 2022 adjusted EBITDA will be in the range of approximately $125 million to $135 million.
Headline financials
Revenue & EPS history
Euronet · Revenue · Quarterly
$931M
Revenue by segment
Euronet · $933M total across 3 segments · Q3 2022
- Money Transfer$365M+3.2%39.1%
- EFT Processing$320M+40.7%34.2%
- epay$249M+4.4%26.7%
Forward guidance
The Company anticipates that its fourth quarter 2022 adjusted EBITDA will be in the range of approximately $125 million to $135 million and expects to complete the full year 2022 with Adjusted EPS in the anticipated range of $6.30 to $6.40.
Headwinds
- Disruption in the travel industry
- COVID-19 variants
- Inflation
- Related inflation control measures
- Changes in travel patterns stemming from the war in Ukraine
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 Q3 2022
+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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro