Euronet reports Q2 adjusted EPS $2.25, consensus $2.26

Reports Q2 revenue $986.2M, consensus $1.01B. “I am pleased that we achieved a second quarter adjusted EPS of $2.25, an 11% increase over the prior year’s $2.03,” stated Michael Brown, Euronet’s chairman and CEO. “We were able to deliver this growth due to our continued focus on expanding our business in new and existing markets, adding more products to our portfolio and continued investment in our industry-leading technology in all three segments. Complementing the 15% constant currency adjusted operating income growth, operating margins expanded by more than 90 basis points. Producing double-digit adjusted EPS growth in the first two quarters of 2024 reinforces our confidence in delivering full year adjusted EPS growth within our expected 10-15% range and increases our determination to deliver results beyond the range.”