PagSeguro Digital Ltd reports results for the quarter - Earnings Summary

Reuters2024-11-15
PagSeguro Digital Ltd reports results for the quarter - Earnings Summary
  • PagSeguro Digital Ltd PAGS.N reported quarterly adjusted earnings of R$1.78​​ per share for the quarter , higher than the same quarter last year, when the company reported EPS of R$1.36. The mean expectation of ten analysts for the quarter was for earnings of R$1.69 per share. Wall Street expected results to range from R$1.53 to R$1.82 per share.

  • Revenue rose 20% to R$4.83 billion from a year ago; analysts expected R$4.67 billion.

  • PagSeguro Digital Ltd's reported EPS for the quarter was R$1.66​.

  • The company reported quarterly net income of R$531 million.

  • PagSeguro Digital Ltd shares had fallen by 6.0% this quarter and lost 35.1% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 0.9% in the last three months.​

  • In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."

  • The average consensus recommendation for the business support services peer group is also "buy"

Wall Street's median 12-month price target for PagSeguro Digital Ltd is 14.00

This summary was machine generated from LSEG data November 14 at 09:04 p.m. UTC. ​All figures in Brazilian reais unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Sep. 30 2024

1.69

1.78

Beat

Jun. 30 2024

1.61

1.68

Beat

Mar. 31 2024

1.49

1.63

Beat

Dec. 31 2023

1.47

1.63

Beat

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