Wall Street brokerages expect PagSeguro Digital Ltd (NYSE:PAGS) to announce $0.21 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for PagSeguro Digital’s earnings. The lowest EPS estimate is $0.19 and the highest is $0.22. The business is scheduled to announce its next quarterly earnings results on Thursday, November 29th.
On average, analysts expect that PagSeguro Digital will report full-year earnings of $0.80 per share for the current fiscal year, with EPS estimates ranging from $0.76 to $0.84. For the next year, analysts anticipate that the firm will post earnings of $1.24 per share, with EPS estimates ranging from $1.15 to $1.32. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow PagSeguro Digital.
PagSeguro Digital (NYSE:PAGS) last issued its earnings results on Thursday, August 30th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.19 by $0.03. The firm had revenue of $279.20 million during the quarter, compared to analyst estimates of $248.46 million.
Shares of NYSE:PAGS traded up $0.97 during midday trading on Monday, hitting $27.92. The stock had a trading volume of 4,700,900 shares, compared to its average volume of 3,049,819. The stock has a market capitalization of $3.41 billion and a PE ratio of 49.37. PagSeguro Digital has a fifty-two week low of $24.57 and a fifty-two week high of $39.97.
Hedge funds have recently added to or reduced their stakes in the stock. Cubist Systematic Strategies LLC acquired a new position in PagSeguro Digital during the 2nd quarter worth approximately $191,000. Partner Investment Management L.P. increased its position in PagSeguro Digital by 76.1% during the 2nd quarter. Partner Investment Management L.P. now owns 8,981 shares of the company’s stock worth $249,000 after purchasing an additional 3,880 shares in the last quarter. Westfield Capital Management Co. LP acquired a new position in PagSeguro Digital during the 1st quarter worth approximately $253,000. Zions Bancorporation acquired a new position in PagSeguro Digital during the 2nd quarter worth approximately $256,000. Finally, JPMorgan Chase & Co. acquired a new position in PagSeguro Digital during the 1st quarter worth approximately $270,000.
About PagSeguro Digital
PagSeguro Digital Ltd. provides financial technology solutions and services for micro-merchants, and small and medium-sized businesses in Brazil and internationally. The company's products and services include PagSeguro Ecosystem, an end-to-end digital ecosystem that operates as a closed loop where its clients are able to address their primary day to day financial needs, including receiving and spending funds, and managing and growing their businesses; and Free PagSeguro digital account, which centralizes various cash-in options, functionalities, services, and cash-out options in a single ecosystem.
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