Evertec (NYSE:EVTC) reported quarterly earnings of $0.65 per share which met the analyst consensus estimate. This is a 9.72 percent decrease over earnings of $0.72 per share from the same period last year. The company reported quarterly sales of $161.79 million which beat the analyst consensus estimate of $155.05 million by 4.35 percent. This is a 4.22 percent increase over sales of $155.24 million the same period last year.
China Vows To ‘Firmly Safeguard’ Interests Against New EU Tariffs As EV Makers, Experts Give Mixed Reactions
The decision is part of the EU's strategy to address concerns over Chinese industrial overcapacity flooding the market with low-cost products.