Unlock Your Performance with EVERTEC, Inc. Q1 2024 Earnings Call

EVERTEC, Inc. posts Q1 revenue of $159.8M and EPS of $0.69 vs. Street Est, announces quarterly dividend on common stock,

EVERTEC, Inc. posts Q1 revenue of $159.8M and EPS of $0.69 vs. Street Est, announces quarterly dividend on common stock,

Unlock Your Performance with EVERTEC, Inc. Q1 2023 Earnings Call

EVERTEC, Inc. (EVTC) reported first quarter 2023 earnings today, beating analysts’ expectations with revenue of $159.8 million and EPS of $0.69. The company also maintained its quarterly dividend at $0.05 per share, payable June 2 to stockholders.

Analysts have issued price targets on the stock ranging from $33 to $43 and have given an overall consensus rating of “hold”. Technical analysis suggests the stock is bearish in the short term but neutral in the mid- and long-term trends.

The company has been expanding its services recently with new contracts and products as well as entering new markets around the world. It has also implemented strategies to address legal risks and share buybacks while continuing to focus on ESG initiatives such as environmental protection and social governance.