Evertec beats Q2 profit estimates; raises outlook, buyback plan - EVTC News | Rallies
Evertec beats Q2 profit estimates; raises outlook, buyback plan E EVTC • 2026-08-04 Revenue growth drivers
Organic growth & acquisitions - Co said revenue growth was driven by organic growth across most segments and contributions from recent acquisitionsMerchant acquiring & payments - Merchant acquiring revenue benefited from higher sales volume, higher non-transactional revenues and improved spread; Payments Puerto Rico revenue benefited from higher POS transactions, ATH Movil growth, and a non-recurring volume-based benefitLatin America segment - Latin America revenue benefited from recent acquisitions and continued organic growth across the region Updated full-year outlook
Evertec now expects 2026 revenue between $1,085 mln and $1,095 mln, up from prior guidance
Company expects 2026 adjusted EPS between $3.94 and $4.04, higher than previous outlook
Evertec continues to expect 2026 adjusted EBITDA margin of 39% to 40%
Q2 results beat expectations
Puerto Rico fintech provider's Q2 revenue rose 20%, beating analyst expectations
Adjusted EPS for Q2 rose 18% and beat analyst expectations
Company raised full-year 2026 revenue and adjusted EPS outlook, increased buyback authorization to $150 mln
Q2 Revenue Beat $274.80 mln $262.24 mln (5 Analysts) Q2 Adjusted EPS Beat $1.05 $0.95 (6 Analysts) Q2 Adjusted Net Income Beat $64.80 mln $59.54 mln (5 Analysts) Q2 Net Income $5.40 mln Q2 Adjusted EBITDA Beat $109.30 mln $103.59 mln (5 Analysts)
Analyst coverage and valuation
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the business support services peer group is "buy"
Wall Street's median 12-month price target for Evertec Inc is $31.00, about 0.4% below its August 3 closing price of $31.11
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 7 three months ago
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2026-08-04
EVTC•
