Evertec(EVTC)

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Evertec (EVTC) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-31 23:56
Evertec (EVTC) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 20.29%. A quarter ago, it was expected that this payment processing company would post earnings of $0.67 per share when it actually produced earnings of $0.72, delivering a surprise of 7.46%. Over the last four quarters, t ...
Evertec(EVTC) - 2024 Q2 - Quarterly Results
2024-07-31 20:08
Exhibit 99.1 EVERTEC REPORTS SECOND QUARTER 2024 RESULTS Announces completion of accelerated share repurchase transaction SAN JUAN, PUERTO RICO - July 31, 2024 - EVERTEC, Inc. (NYSE: EVTC) ("Evertec", the "Company", "we" or "our") today announced results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights • Revenue increased 27% to $212.0 million • GAAP Net Income attributable to common shareholders increased 13% to $31.9 million and increased 14% to $0.49 per diluted share • Adjusted ...
Evertec (EVTC) Moves 5.4% Higher: Will This Strength Last?
ZACKS· 2024-07-11 16:15
Evertec (EVTC) shares ended the last trading session 5.4% higher at $31.20. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 9.8% loss over the past four weeks. Increased optimism over an accelerated shift to digital payments may have driven the stock higher. Evertec is capitalizing on the digital trend by enhancing its digital solutions, such as Placetopay (an e-commerce gateway), ATH Movil and ATH Business. It has ...
Evertec(EVTC) - 2024 Q1 - Quarterly Report
2024-05-02 21:31
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to COMMISSION FILE NUMBER 001-35872 EVERTEC, Inc. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) Puerto Rico 66-0783622 (Registrant's telephone n ...
Evertec(EVTC) - 2024 Q1 - Earnings Call Transcript
2024-05-02 01:24
EVERTEC, Inc. (NYSE:EVTC) Q1 2024 Results Conference Call May 1, 2024 4:30 PM ET Company Participants Beatriz Brown-Saenz - IR Mac Schuessler - President, CEO Joaquín Castrillo - CFO Conference Call Participants Chris Kennedy - William Blair Nate Svensson - Deutsche Bank John Davis - Raymond James Vasu Govil - KBW Jamie Friedman - Susquehanna Operator Good afternoon, everyone, and welcome to EVERTEC's First Quarter 2024 Earnings Conference Call. Today's conference call is being recorded. [Operator Instructi ...
Evertec (EVTC) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-02 01:00
Evertec (EVTC) reported $205.32 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 28.5%. EPS of $0.72 for the same period compares to $0.69 a year ago.The reported revenue represents a surprise of +2.28% over the Zacks Consensus Estimate of $200.75 million. With the consensus EPS estimate being $0.67, the EPS surprise was +7.46%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...
Evertec (EVTC) Q1 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-05-01 23:05
Evertec (EVTC) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.46%. A quarter ago, it was expected that this payment processing company would post earnings of $0.65 per share when it actually produced earnings of $0.62, delivering a surprise of -4.62%.Over the last four quarters, th ...
Evertec(EVTC) - 2024 Q1 - Quarterly Results
2024-05-01 20:07
Exhibit 99.1 EVERTEC REPORTS FIRST QUARTER 2024 RESULTS SAN JUAN, PUERTO RICO - May 1, 2024 - EVERTEC, Inc. (NYSE: EVTC) ("Evertec", the "Company", "we" or "our") today announced results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Mac Schuessler, President and Chief Executive Officer stated, "We are pleased with our first quarter results that reflect the strength of our business in Puerto Rico while we continue to successfully expand in Latin America." First Quarter 2024 Result ...
EVERTEC Enters Into Accelerated Share Repurchase Agreement
Businesswire· 2024-03-06 12:33
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“Evertec” or the “Company”) today announced that it has entered into an Accelerated Share Repurchase (ASR) agreement with Bank of America, N.A. by which the Company will repurchase $70 million of its common stock. The ASR is expected to be completed by the third quarter of 2024. Additionally, the Company's Board of Directors approved an increase to the share repurchase authorization to an aggregate $220 million and an extension to the expi ...
Evertec(EVTC) - 2023 Q4 - Earnings Call Transcript
2024-02-29 04:17
EVERTEC, Inc. (NYSE:EVTC) Q4 2023 Earnings Conference Call February 28, 2024 4:30 PM ET Company Participants Beatriz Brown-Saenz - Investor Relations Mac Schuessler - President and Chief Executive Officer Joaquin Castrillo - Chief Financial Officer Conference Call Participants Nate Svensson - Deutsche Bank Chris Kennedy - William Blair John Davis - Raymond James Operator Good afternoon, everyone, and welcome to EVERTEC's Fourth Quarter 2023 Earnings Conference Call. All participants will be in listen-only m ...