PagSeguro Digital Ltd. (PAGS) got here out with quarterly earnings of $0.20 per share, lacking the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.18 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of -4.76%. 1 / 4 in the past, it was anticipated that this firm would put up earnings of $0.18 per share when it truly produced earnings of $0.18, delivering no shock.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates two occasions.
PagSeguro Digital Ltd.Which belongs to the Zacks Monetary Transaction Companies business, posted revenues of $447.32 million for the quarter ended June 2021, surpassing the Zacks Consensus Estimate by 4.58%. This compares to year-ago revenues of $253.01 million. The corporate has topped consensus income estimates 4 occasions over the past 4 quarters.
The sustainability of the inventory’s quick worth motion based mostly on the recently-released numbers and future earnings expectations will principally rely on administration’s commentary on the earnings name.
PagSeguro Digital Ltd. Shares have added about 2.2% because the starting of the 12 months versus the S&P 500’s acquire of 18.4%.
What’s Subsequent for PagSeguro Digital Ltd.
Whereas PagSeguro Digital Ltd. Has underperformed the market thus far this 12 months, the query that involves buyers’ minds is: what’s subsequent for the inventory?
There aren’t any simple solutions to this key query, however one dependable measure that may assist buyers handle that is the corporate’s earnings outlook. Not solely does this embrace present consensus earnings expectations for the approaching quarter(s), but additionally how these expectations have modified recently.
Empirical analysis reveals a robust correlation between near-term inventory actions and traits in earnings estimate revisions. Traders can observe such revisions by themselves or depend on a tried-and-tested ranking instrument just like the Zacks Rank, which has a formidable observe report of harnessing the facility of earnings estimate revisions.
Forward of this earnings launch, the estimate revisions pattern for PagSeguro Digital Ltd. Was blended. Whereas the magnitude and course of estimate revisions might change following the corporate’s just-released earnings report, the present standing interprets right into a Zacks Rank #3 (Maintain) for the inventory. So, the shares are anticipated to carry out in step with the market within the close to future. You’ll be able to see the whole checklist of at this time’s Zacks #1 Rank (Robust Purchase) shares right here.
It is going to be attention-grabbing to see how estimates for the approaching quarters and present fiscal 12 months change within the days forward. The present consensus EPS estimate is $0.26 on $477.84 million in revenues for the approaching quarter and $0.96 on $1.91 billion in revenues for the present fiscal 12 months.
Traders ought to be conscious of the truth that the outlook for the business can have a fabric impression on the efficiency of the inventory as properly. When it comes to the Zacks Trade Rank, Monetary Transaction Companies is presently within the prime 43% of the 250 plus Zacks industries. Our analysis reveals that the highest 50% of the Zacks-ranked industries outperform the underside 50% by an element of greater than 2 to 1.
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