NYSE$EVTC

EVERTEC Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported strong results due to businesses re-opening in Puerto Rico and new client contracts, also grew contactless payment solution in Puerto Rico and expanded gateway product in Latin America.

EVERTEC reported a 15% increase in revenue to $136.5 million for the third quarter ended September 30, 2020. GAAP Net Income attributable to common shareholders was $34.5 million or $0.47 per diluted share and Adjusted earnings per common share was $0.65.

  • Revenue increased 15% to $136.5 million
  • GAAP Net Income attributable to common shareholders was $34.5 million or $0.47 per diluted share
  • Adjusted EBITDA increased 26% to $70.0 million
  • Adjusted earnings per common share was $0.65, an increase of 38%

Headline financials

Total Revenue

$137M

Previous: $119M+14.9%
EPS (adj)

$0.65

Previous: $0.47+38.3%
Adjusted EBITDA

$70M

No prior period
Adjusted EBITDA Margin

51.3%

No prior period
Capital Expenditures

-$13.4M

Previous: -$22M+39.1%
Free Cash Flow

$21.1M

Previous: $2.76M+663.1%
Net Income

$34.5M

Previous: $24.8M+39.2%
Operating Income

$43.8M

Previous: $34.8M+26.0%
Gross Profit

-$629K

Previous: $348K-280.7%
Cash & Equivalents

$144M

Previous: $103M+40.6%
Total Assets

$1.03B

Previous: $980M+4.9%
Stock-Based Comp

$3.66M

Previous: $3.45M+6.1%

Revenue & EPS history

EVERTEC · Revenue · Quarterly

$137M

Q3 2020+14.9%vs Q3 2019
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

EVERTEC · $127M total across 3 segments · Q3 2020

  • Business Solutions
    $63M
  • Payment Services PR & Carib
    $33.3M
  • Merchant Acquiring
    $30.6M

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 2020

Historical avgQ3 2020

-0.0%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+1.5%

Avg return

30 days after

45%

25 / 56 earnings

Positive

+16.1%

Q4 2024

Best reaction

-18.1%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-18.1%-15.4%-21.4%
Q4 2025+9.6%+13.9%+5.9%
Q3 2025-3.0%+3.9%+5.3%
Q1 2025+2.2%+5.5%+6.4%
Q4 2024+16.1%+15.1%+13.3%
Q3 2024+8.6%+10.6%+9.3%
Q2 2024+2.0%-3.5%-0.4%
Q1 2024-4.8%-0.7%-6.8%
Q4 2023-12.4%-10.0%-3.2%
Q3 2023-5.6%-8.9%+4.7%
Q2 2023-3.7%-4.9%-4.6%
Q1 2023+7.1%+7.8%+8.1%
Q4 2022+5.6%+6.6%-6.0%
Q3 2022-9.1%-6.7%-7.2%
Q2 2022-7.5%-9.2%-16.3%
Q1 2022+2.9%+5.5%+0.1%
Q4 2021+0.8%-5.3%-0.3%
Q3 2021-3.2%+1.5%-8.7%
Q2 2021+4.6%+6.7%+7.4%
Q1 2021-2.8%-1.1%+6.0%
Q4 2020-7.4%-5.0%-4.3%
Q3 2020-2.1%+0.0%+10.5%
Q2 2020+0.7%+1.2%+11.3%
Q1 2020+0.9%-2.8%+21.2%
Q4 2019+0.1%-7.3%-28.5%
Q3 2019-6.1%-6.1%-0.5%
Q2 2019+13.9%+10.6%+10.9%
Q1 2019-5.1%-4.8%-8.5%
Q4 2018-6.6%-5.2%-8.7%
Q3 2018+13.0%+23.6%+17.5%
Q2 2018+1.1%+0.2%+2.3%
Q1 2018+8.2%+12.1%+19.5%
Q4 2017+2.8%+0.9%+1.5%
Q3 2017-1.0%-7.3%-5.9%
Q2 2017+5.9%+1.1%+3.1%
Q1 2017+3.5%+5.8%+7.4%
Q4 2016-1.2%+0.0%-8.7%
Q3 2016-4.1%-1.0%+21.6%
Q2 2016+7.0%+6.5%+5.0%
Q1 2016-1.0%
Q4 2015-6.0%
Q3 2015-6.5%
Q2 2015+6.4%
Q1 2015+9.0%
Q4 2014-3.3%
Q3 2014-1.9%
Q2 2014-1.4%
Q1 2014-1.9%
Q4 2011+3.7%
Q1 2012+3.7%
Q4 2013-1.0%
Q3 2012-4.7%
Q3 2013-5.2%
Q2 2012-2.1%
Q2 2013-0.6%
Q1 2013-1.5%
Q4 2012

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