Evertec Q4 Revenue Rises 13.1% to $244.8M with EPS Beat
Evertec reported Q4 revenue of $244.83 million, up 13.1% year-over-year, surpassing consensus by 3.31%, and delivered EPS of $0.93 versus $0.87 a year ago, beating estimates by 2.48%. Latin America Payments segment led growth with revenues of $109.26 million, a 40.3% year-over-year increase.
1. Q4 Revenue and EPS Performance
Evertec delivered Q4 revenue of $244.83 million, up 13.1% year-over-year, beating the consensus estimate by 3.31%. EPS came in at $0.93, a 6.9% increase from $0.87 last year, topping estimates by 2.48%.
2. Segment Results Breakdown
Latin America Payments led expansion with revenues of $109.26 million, up 40.3% year-over-year. Puerto Rico & Caribbean payments totaled $56.44 million, a 3.1% increase. Business Solutions revenue fell 6.6% to $58.32 million, while Corporate & Other improved 8.4% to a negative $27.41 million, and Merchant Acquiring net rose 3.4% to $48.22 million.
3. Market Reaction and Analyst Outlook
Shares have fallen 11.9% over the past month versus a modest market rise, reflecting caution after Q4 results. Analysts maintain a sell rating, pointing to underperformance risk despite earnings beats.