Euronet's growth is driven by expansions in its EFT Processing and Money Transfer segments, robust ATM network enhancements, strategic acquisitions and partnerships, all underpinned by a solid financial foundation.
The company, presently carrying a Zacks Rank #3 (Hold), has a decent record of beating estimates in three of the trailing four quarters and matching the mark once, the average earnings surprise being 9.04%.
Return on equity in the trailing 12 months is currently 31.7%, which is higher than the industry's average of 20.9%. This substantiates the company's efficiency in utilizing shareholders' funds.
Image Source: Zacks Investment Research
Robust Growth Prospects of EEFT Stock
The Zacks Consensus Estimate for Euronet's 2024 earnings is pegged at $8.64 per share, which indicates a 15.8% increase from the 2023 figure. The consensus mark for revenues is $3.9 billion, implying 6.2% growth from the year-ago figure.
The Zacks Consensus Estimate for 2025 earnings is pegged at $9.70 per share, which implies an 12.3% improvement from the 2024 estimate. The consensus mark for revenues is $4.2 billion, implying a 8.1% rise from the 2024 estimate.
Can Euronet Retain the Momentum?
Euronet's revenues continue to see robust growth, primarily driven by its EFT Processing and Money Transfer segments. In ...