Shift4 Earnings, Revenue Miss Estimates. Payment Stock Falls.

Blockhead11-12

Shift4 Payments (FOUR) early Tuesday reported third-quarter earnings and revenue that missed estimates while payment volume also came in below Wall Street's targets. Shift4 stock tumbled on the news. ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2482012007?lang=en_US&edition=fundamental","thumbnail":"https://www.investors.com/wp-content/uploads/2022/12/Stock-shift4payments-02-adobe-150x150.jpg","is_english":true,"pubTime":"2024-11-12 20:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2482012007","market":"fut","top_or_hot":-1,"title":"Shift4 Earnings, Revenue Miss Estimates. Payment Stock Falls.","media":"Blockhead","content":"<div>\n<p>Shift4 Payments (FOUR) early Tuesday reported third-quarter earnings and revenue that missed estimates while payment volume also came in below Wall Street's targets. Shift4 stock tumbled on the news.\n...</p>\n\n<a href=\"https://www.investors.com/news/technology/shift4-stock-shift4-earnings-news-q32024/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shift4 Earnings, Revenue Miss Estimates. Payment Stock Falls.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShift4 Earnings, Revenue Miss Estimates. Payment Stock Falls.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-12 20:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/news/technology/shift4-stock-shift4-earnings-news-q32024/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shift4 Payments (FOUR) early Tuesday reported third-quarter earnings and revenue that missed estimates while payment volume also came in below Wall Street's targets. Shift4 stock tumbled on the news.\n...</p>\n\n<a href=\"https://www.investors.com/news/technology/shift4-stock-shift4-earnings-news-q32024/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4581","symbol_name":"高盛持仓","start_time":0,"source_url":"https://www.investors.com/news/technology/shift4-stock-shift4-earnings-news-q32024/","article_id":"2482012007","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2022/12/Stock-shift4payments-02-adobe-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482012007","pubTimestamp":1731415864,"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"Shift4 fell after reporting Q3 earnings, revenue and digital payment volume that missed Wall Street's targets.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4581":"高盛持仓","TOST":"Toast, Inc.","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","FOUR":"Shift4 Payments, Inc.","BK4528":"SaaS概念","BK4106":"数据处理与外包服务","BK4554":"元宇宙及AR概念","LU1878469433.USD":"THREADNEEDLE (LUX) - AMERICAN SMALLER COMPANIES \"A\" (USD) ACC","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","BK4585":"ETF&股票定投概念","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","BK4227":"交易和支付处理服务","IE00BHPRN162.USD":"BNY MELLON BLOCKCHAIN INNOVATION \"B\" (USD) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4588":"碎股","BK4503":"景林资产持仓","IE0009354923.USD":"JANUS HENDERSON US VENTURE \"A2\" (USD) ACC","LU1861217088.USD":"贝莱德金融科技A2","BK4551":"寇图资本持仓","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H"},"translate_title":"Shift4盈利、收入未达预期。支付库存下跌。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TOST":1,"FOUR":1},"content_text":"Shift4 Payments (FOUR) early Tuesday reported third-quarter earnings and revenue that missed estimates while payment volume also came in below Wall Street's targets. Shift4 stock tumbled on the news.\nReported before the market open, Shift4 earnings climbed 27% from a year earlier to an adjusted $1.04 per share. Revenue rose 50% to $365.1 million.\nA year earlier, the digital payment processor earned 82 cents a share on sales of $147 million. Shift4 stock analysts had projected earnings of $1.06 a share on sales of $371 million.\n\n\n\n↑\nX\n\n\n\n\nHow To Buy Stocks: IBD's Four Pillars Of Investing\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nHow To Buy Stocks: IBD's Four Pillars Of Investing\n\n\n\n\nIn addition, Shift4 reported earnings before interest, taxes, depreciation and amortization of $187.4 million, up 51%, slightly topping consensus EBITDA estimates of $185 million.\nEnd-to-end payment volume from merchant customers climbed 56% to $43.5 billion, missing estimates of $46.24 billion.\nShift4 Stock: Technical Ratings\nOn the stock market today, Shift4 stock tumbled 9.2% to near 95. Shift4 stock had advanced 40% in 2023 before the earnings release, with a strong gain since the Nov. 5 Election Day.\nAllentown, Pa.-based Shift4 gets most of its revenue from customers in the hotel and restaurant industries as well as casinos. Aside from the hotel and restaurant industries, Shift4 has expanded into sports stadiums, airlines and charitable giving as well as food and beverage companies.\nShift4 competes with Clover, owned by Fiserv (FISV), as well as Square, owned by Block (SQ) and Toast (TOST), among others.\nFollow Reinhardt Krause on Twitter @reinhardtk_tech for updates on artificial intelligence, cybersecurity and cloud computing.\nYOU MAY ALSO LIKE:\nLearn The Best Trading Rules At Investor's Corner\nWant To Trade Options? Try Out These Strategies\nMonitor IBD's \"Breaking Out Today\" List For Companies Hitting New Buy Points\nIBD Digital: Unlock IBD's Premium Stock Lists, Tools And Analysis Today","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2482012007"}