Euronet Q4 2019 Earnings Report
Key Takeaways
Euronet Worldwide reported a strong fourth quarter in 2019, marked by a 7% increase in revenues to $693.7 million and a 19% increase in adjusted EPS to $1.63. The company's performance was driven by contributions from all three segments, with notable growth in the EFT Processing segment and continued expansion in digital media products within the epay segment. Money transfer also benefited from exceptional physical and digital international remittance growth.
Euronet delivered record fourth quarter adjusted EPS of $1.63, a 19% year-over-year increase.
Revenue contributions from all three segments drove the strong results.
EFT Processing segment experienced strong double-digit growth across all metrics.
epay's double-digit operating income growth resulted from the continued expansion of digital media products.
Euronet
Euronet
Euronet Revenue by Segment
Forward Guidance
The Company currently expects adjusted earnings per share for the first quarter 2020, assuming foreign currency exchange rates and share price remain stable through the end of the quarter, to be approximately $0.95.
Revenue & Expenses
Visualization of income flow from segment revenue to net income