NASDAQ$EEFT

Euronet Worldwide Inc. · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Euronet's Q4 2019 earnings were reported, demonstrating revenue growth and increased profitability across all segments.

Euronet Worldwide reported a strong fourth quarter in 2019, marked by a 7% increase in revenues to $693.7 million and a 19% increase in adjusted EPS to $1.63. The company's performance was driven by contributions from all three segments, with notable growth in the EFT Processing segment and continued expansion in digital media products within the epay segment. Money transfer also benefited from exceptional physical and digital international remittance growth.

  • Euronet delivered record fourth quarter adjusted EPS of $1.63, a 19% year-over-year increase.
  • Revenue contributions from all three segments drove the strong results.
  • EFT Processing segment experienced strong double-digit growth across all metrics.
  • epay's double-digit operating income growth resulted from the continued expansion of digital media products.

Headline financials

Total Revenue

$694M

Previous: $649M+6.8%
EPS (adj)

$1.63

Previous: $1.37+19.0%
EFT Processing Segment Active ATMs

46.1K

Previous: 40.4K+14.2%
epay Processing Transactions

437.0M

Previous: 344.0M+27.0%
Money Transfer Transactions

29.7M

Previous: 28.5M+4.2%
EFT Processing Segment Transactions

809.0M

Previous: 711.0M+13.8%
Capital Expenditures

$30.8M

Previous: $30.4M+1.6%
Free Cash Flow

$109M

Previous: $174M-37.3%
Net Income

$107M

Previous: $60M+77.5%
Operating Income

$107M

Previous: $78.2M+37.1%
Gross Profit

$290M

Previous: $254M+14.1%
Cash & Equivalents

$786M

Previous: $385M+104.2%
Total Assets

$4.66B

Previous: $3.32B+40.2%
Stock-Based Comp

$5.49M

Previous: $4.17M+31.7%

Revenue & EPS history

Euronet · Revenue · Quarterly

$694M

Q4 2019+6.8%vs Q4 2018
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Euronet · $695M total across 3 segments · Q4 2019

  • Money Transfer
    $282M+2.8%
  • epay
    $218M+1.4%
  • EFT Processing
    $195M+20.8%

Forward guidance

The Company currently expects adjusted earnings per share for the first quarter 2020, assuming foreign currency exchange rates and share price remain stable through the end of the quarter, to be approximately $0.95.

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 Q4 2019

Historical avgQ4 2019

+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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