Evertec (NYSE:EVTC) reported its Q2 earnings results on Thursday, August 4, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Evertec reported in-line EPS of $0.65 versus an estimate of $0.65.
Revenue was up $11.42 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 0.74% increase in the share price the next day.
Here’s a look at Evertec’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.62 | 0.62 | 0.62 | 0.57 |
| EPS Actual | 0.70 | 0.72 | 0.62 | 0.78 |
| Revenue Estimate | 146.08M | 146.39M | 142.65M | 138.35M |
| Revenue Actual | 150.25M | 155.24M | 145.88M | 149.15M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Evertec management provided guidance for FY 2022, expecting earnings between $2.52 and $2.6 per share.
To track all earnings releases for Evertec visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
