EVO Payments (NASDAQ:EVOP) issued its quarterly earnings data on Thursday. The company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.03, Briefing.com reports. The business had revenue of $152.60 million for the quarter, compared to analyst estimates of $146.83 million. EVO Payments had a negative return on equity of 4.80% and a negative net margin of 6.85%. EVO Payments’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.17 EPS. EVO Payments updated its FY19 guidance to $0.58-0.61 EPS.
EVOP traded up $0.50 during midday trading on Friday, hitting $27.97. 327,500 shares of the company were exchanged, compared to its average volume of 352,231. The firm has a market capitalization of $2.26 billion, a P/E ratio of -18.90, a P/E/G ratio of 4.24 and a beta of 0.62. The firm’s 50 day moving average price is $28.20 and its 200-day moving average price is $29.14. EVO Payments has a 1-year low of $21.81 and a 1-year high of $31.93.
In other news, EVP Groot Steven J. De sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $28.69, for a total value of $573,800.00. Also, insider Darren Wilson sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $29.30, for a total value of $117,200.00. Following the completion of the transaction, the insider now directly owns 103,976 shares of the company’s stock, valued at $3,046,496.80. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 38,000 shares of company stock valued at $1,081,900. 61.16% of the stock is currently owned by corporate insiders.
EVO Payments Company Profile
EVO Payments, Inc operates as an integrated merchant acquirer and payment processor servicing approximately 550,000 merchants. The company processes approximately 950 million transactions in North America and approximately 2.1 billion transactions in Europe. Its payment and commerce solutions consist of gateway solutions, online fraud prevention and management reporting, online hosted payments page capabilities, security tokenization, and encryption solutions at the point-of-sale and online; dynamic currency conversion; loyalty offers; and other ancillary solutions.
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