While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. Estimate Revisions Trend The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may move lower. This company is expected to post quarterly earnings of $0.91 per share in its upco ...

We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits. Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current ...

Despite recent market fluctuations, fintech stocks remain promising investments with the potential to deliver solid gains for investors. These companies are revolutionizing how we transact and think about money, including the rise of cryptocurrencies like Bitcoin (BTC-USD). To take advantage of these fundamental shifts, I've researched three fintech stocks that offer an attractive tradeoff between risk and reward. Often overlooked in the financial media, these hidden opportunities have received strong buy r ...

Core Insights - FEVO has partnered with Shift4 to become its preferred payment processor for music festivals and General Admission events, enhancing the checkout experience for clients [1][6] - Shift4 aims to simplify payment processes for various industries, processing billions of transactions annually [3][6] - FEVO's Social Checkout™ allows fans to shop together on ticketing websites, significantly impacting the live events market [8] Company Overview - FEVO supports over 800 leading brands in live entertainment, including concert venues and festivals across the U.S. and Canada [7] - Since its launch in 2016, FEVO has sold over 24 million tickets to 6.1 million consumers, establishing itself as a key player in the live events sector [8] - Shift4 is recognized as a leader in commerce-enabling technology, providing seamless payment solutions that enhance transaction experiences [3][6] Partnership Details - The collaboration between FEVO and Shift4 will facilitate seamless payment solutions for online transactions, mobile ordering, QR-code ticket sales, and on-site General Admission sales [6] - FEVO's COO emphasized the importance of having the right infrastructure partners like Shift4 to innovate the checkout process [4]

If you're bullish about the growth potential with the digitalization of finance, there are plenty of promising fintech stocks to buy. Even as macroeconomic uncertainty persists, a forward-looking market is looking beyond today's troubles, and focusing on what lies ahead for the sector. Across the globe, commercial transactions continue to pivot from being cash-based to becoming predominantly card or digital-based. That suggests a strong runway remains for companies in the payment processing and related indu ...

Although the innovation space seemingly can't do any wrong, investors may be best served with tech stocks to buy that also enjoy strong endorsements from Wall Street analysts. They don't make or break enterprises but their blessings carry much weight. For one thing, analysts do this for a living. Further, the big Wall Street firms don't just pick random folks (or NPCs to use the common lexicon) to represent their brands. No, they have to earn their way into the field. And that means you're not going to find ...

Table of Contents For the transition period from _______ to _______ Commission file number: 001-39313 __________________________________ SHIFT4 PAYMENTS, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________ FORM 10-Q x 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 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE AC ...

Financial Data and Key Metrics Changes - Total Q1 volume reached $33 billion, reflecting a 50% year-over-year growth [15] - Gross revenue less network fees increased by 32% to $264 million [15] - Adjusted EBITDA for the quarter was $122 million, up 36%, with adjusted EBITDA margins at 46% [15][21] - Adjusted free cash flow was $78 million, representing a conversion rate of 64% [22] Business Line Data and Key Metrics Changes - Subscription and other revenue in Q1 rose by 45% year-over-year, driven by growth in sports and entertainment [19] - Restaurant SaaS revenue increased by 55%, with a total of approximately 9,400 SkyTab system installs in Q1, a 38% increase quarter-over-quarter [19][86] - Gateway revenue decreased sequentially, reflecting the success of the Gateway Sunset initiative [18] Market Data and Key Metrics Changes - The blended spread for Q1 was 62 basis points, consistent with full-year guidance [17] - The company anticipates a stronger second half of 2024 due to various growth initiatives and market conditions [28][56] Company Strategy and Development Direction - The company is focused on expanding its international presence, particularly in Europe and Canada, with a goal of signing 10,000 new restaurant and hotel customers in international markets by year-end [36][70] - The recent acquisition of Revel for $250 million is aimed at enhancing distribution and accelerating growth in the restaurant vertical [8][37] - The company is committed to maintaining a disciplined approach to cost management while investing in strategic growth opportunities [20] Management's Comments on Operating Environment and Future Outlook - Management noted that the current operating environment is favorable, with merchants seeking technology solutions to streamline commerce experiences [43] - There is confidence in achieving annual year-over-year expansion in conversion rates despite potential fluctuations due to seasonality [22][32] - The company expects organic growth of gross revenue less network fees to exceed 25% [28] Other Important Information - The company has a strong balance sheet with approximately $700 million in available liquidity and a net leverage of about 2.4 times [24][25] - The company is tightening its guidance for end-to-end volume to a range of $167 billion to $175 billion for the full year 2024, representing 53% to 61% year-over-year growth [26] Q&A Session Summary Question: Why did a deal not close to be acquired? - Management indicated that strategic interest and rising price expectations prevented the deal from closing, emphasizing a focus on executing their plan [50] Question: How has the expansion outside of North America been progressing? - Management reported successful execution of their playbook in international markets, with notable wins in Europe and Canada [51][109] Question: Can you elaborate on the strategic rationale behind the Revel acquisition? - The acquisition is expected to enhance distribution and accelerate growth in the restaurant vertical, leveraging Revel's strong sales team [127]

Shift4 Payments (FOUR) came out with quarterly earnings of $0.54 per share, missing the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.48%. A quarter ago, it was expected that this company would post earnings of $0.82 per share when it actually produced earnings of $0.76, delivering a surprise of -7.32%.Over the last four quarters, the company ...

SHIFT 4 Q1 2024 SHAREHOLDER LETTER INVESTORS.SHIFT4.COM Exhibit 99.1 MAJOR CASINO OPERATOR & DEAL ANNOUNCEMENT Forward-Looking Statements This letter contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Shift4 Payments, Inc. ("we. "our," the "Company." o "Shift4") intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended and Se ...