PagSeguro Digital Ltd announces results for the quarter ended January

• PagSeguro Digital Ltd PAGS reported quarterly adjusted earnings per share of R$1.63 per share for the quarter ended in January, higher than the same quarter last year when the company reported EPS of R$1.19. The average expectation of eleven analysts for the quarter was for earnings of $1.49 per share. Wall Street expected results to range from A$1.43 to A$1.59 per share.

• Revenue increased 14.8% to $4.31 billion from the prior year; analysts expected R$4.00 billion.

• PagSeguro Digital Ltd’s EPS for the quarter was R$1.50.

• The company recorded a quarterly net profit of R$482.55 million.

• PagSeguro Digital Ltd shares are down 14.1% this quarter and are down 1.6% so far this year.

FORECASTS OF CHANGE

• Average analyst earnings estimates have increased by approximately 8.8% over the past three months.

• There have been no negative revisions of earnings estimates in the last 30 days

RECOMMENDATIONS

• The current average analyst rating for the stock is “buy”, and the recommendations are as follows: 11 “strong buy” or “buy”, 6 “hold” and none “sell” or “strong sell”.

• The average consensus rating for the business support services peer group is also “buy”

Wall Street’s average 12-month price target for PagSeguro Digital Ltd is $16.25

This summary was machine-generated from LSEG data on May 24 at 07:06 UTC. All data in Brazilian reals unless otherwise noted. (If you have any questions about the data in this report, please contact us at [email protected]. For any other questions or feedback, please contact us at [email protected])