Payoneer Global Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
Revenue: US$977.7m (up 18% from FY 2023).
Net income: US$121.2m (up 30% from FY 2023).
Profit margin: 12% (up from 11% in FY 2023). The increase in margin was driven by higher revenue.
EPS: US$0.34 (up from US$0.26 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 8.6%.
Looking ahead, revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Diversified Financial industry in the US.
Performance of the American Diversified Financial industry.
The company's shares are down 17% from a week ago.
While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Payoneer Global's balance sheet.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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