Euronet's Q1 earnings meet estimates with strong performance in money transfer unit

From Nasdaq: 2025-05-05 12:24:00

Shares of Euronet Worldwide, Inc. (EEFT) rose 4.4% after reporting Q1 2025 results, driven by increased transaction volumes and a strong global payment network. Adjusted EPS was $1.13, in line with estimates but down 11.7% YoY. Total revenues were $915.5 billion, up 7% YoY but slightly below consensus.

Net income for EEFT was $38.4 million, up 46.6% YoY. Operating income increased 18% YoY to $75.2 million. Operating expenses rose 5.9% YoY to $840.3 million. Adjusted EBITDA improved 9% YoY to $118.7 million.

In the EFT Processing segment, revenues rose 7% YoY to $232.5 million. Adjusted EBITDA was $47.6 million, up 6% YoY. Operating income increased 8% YoY to $23.3 million. Total transactions grew 38% YoY to 3,463 million.

The epay segment saw revenues of $267.4 million, up 4% YoY. Adjusted EBITDA remained steady at $28.4 million. Operating income rose 1% YoY to $26.8 million. Transactions surged 19% YoY to 1,134 million.

Money Transfer segment revenues were $417.7 million, up 9% YoY. Adjusted EBITDA increased 15% YoY to $51.3 million. Operating income rose 21% YoY to $45.1 million. Total transactions grew 10% YoY to 44.6 million.

As of March 31, 2025, Euronet had cash and cash equivalents of $1.4 billion, total assets of $6.1 billion, and debt obligations of $1.9 billion. Equity was $1.3 billion, with $623.1 million available under revolving credit facilities.

Management reaffirmed its 2025 outlook for adjusted EPS growth of 12-16%. EEFT currently holds a Zacks Rank #3 (Hold). Other top picks in the finance sector include ROOT, ATLC, and HRTG, each with a Zacks Rank #1 (Strong Buy).

For more information on Euronet Worldwide, Inc. and other top stock picks, visit Zacks Investment Research.



Read more at Nasdaq: Euronet’s Q1 Earnings Meet Estimates on Money Transfer Unit Strength