NYSE$FOUR

Shift4 Payments Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Shift4's Q1 performance showcased strong growth and strategic advancements.

Shift4 reported a strong first quarter with a 50% year-over-year increase in end-to-end payment volume, reaching $33.4 billion. Gross revenue grew by 29% to $707.4 million, while adjusted EBITDA increased by 36% to $121.7 million. The company also provided quarter-by-quarter guidance for the remainder of the year and announced a new $500 million stock buyback authorization.

  • End-to-end payment volume increased by 50% year-over-year to $33.4 billion.
  • Gross revenue grew by 29% year-over-year to $707.4 million.
  • Adjusted EBITDA increased by 36% year-over-year to $121.7 million, with a 46% margin.
  • The company announced a new $500 million stock buyback authorization and provided quarterly guidance for the rest of the year.

Headline financials

Total Revenue

$707M

Previous: $547M+29.3%
EPS

$0.31

Previous: $0.51-39.2%
End-to-end payment volume

$33.4B

Previous: $22.3B+49.8%
GRLNF

$264M

Previous: $200M+31.9%
Adjusted EBITDA

$122M

Previous: $89.3M+36.3%
Adjusted EBITDA margin

46.0%

Previous: 45.0%+2.2%
Capital Expenditures

-$1.3M

Previous: -$2.7M+51.9%
Free Cash Flow

$19.3M

Previous: $12.1M+59.5%
Net Income

$20.6M

Previous: $14.8M+39.2%
Operating Income

$21.4M

Previous: $8.8M+143.2%
Gross Profit

-$541M

Previous: -$409M-32.4%
Cash & Equivalents

$523M

Previous: $744M-29.7%
Total Assets

$3.41B

Previous: $2.61B+30.3%

Revenue & EPS history

Shift4 · Revenue · Quarterly

$707M

Q1 2024+29.3%vs Q1 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

Shift4 provided financial outlook for the remaining fiscal quarters in 2024.

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

+3.7%

Avg return

Earnings day

+4.6%

Avg return

5 days after

+5.2%

Avg return

30 days after

61%

14 / 23 earnings

Positive

+21.7%

Q4 2022

Best reaction

-17.5%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+9.1%-4.9%-11.3%
Q4 2025-15.5%-13.0%-22.5%
Q3 2025-1.0%+6.3%+2.6%
Q1 2025+12.8%+3.4%+16.2%
Q4 2024-17.5%-22.8%-29.5%
Q3 2024-3.4%-7.5%-4.2%
Q2 2024+12.4%+19.7%+19.2%
Q1 2024+2.9%+0.6%+15.3%
Q4 2023+18.0%+14.8%-9.2%
Q3 2023+16.5%+23.5%+41.4%
Q2 2023+1.1%+1.7%-9.4%
Q1 2023-10.8%-6.4%-0.3%
Q4 2022+21.7%+26.7%+27.8%
Q3 2022-0.4%+17.8%+13.4%
Q2 2022+10.7%+12.6%+5.6%
Q1 2022-1.0%+0.6%-9.9%
Q4 2021-7.2%-16.5%+17.6%
Q3 2021+14.4%+20.8%-6.3%
Q2 2021+4.9%-1.0%-0.3%
Q1 2021-8.3%-12.2%-0.2%
Q4 2020+12.8%+15.1%+22.5%
Q3 2020+0.9%+11.1%+15.8%
Q2 2020+12.5%+15.1%+25.7%
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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