Shift4 Payments Inc reports results for the quarter ended March 31 - Earnings Summary

• Shift4 Payments Inc FOUR.N reported quarterly adjusted earnings of $1.07​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 54 cents. The mean expectation of twenty two analysts for the quarter was for earnings of 71 cents per share. Wall Street expected results to range from 47 cents to $1.18 per share.

• Revenue rose 19.9% to $848.30 million from a year ago; analysts expected $865.06 million.

• Shift4 Payments Inc's reported EPS for the quarter was 20 cents​.

• The company reported quarterly net income of $16.7 million.

• Shift4 Payments Inc shares had fallen by 2.5% this quarter and lost 23.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 13.8% in the last three months.​

• In the last 30 days, nine analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the business support services peer group is also "buy"

• Wall Street's median 12-month price target for Shift4 Payments Inc is $111.50

This summary was machine generated from LSEG data April 29 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)