LEAWOOD, Kan. (AP) — LEAWOOD, Kan. (AP) — Euronet Worldwide Inc. (EEFT) on Wednesday reported fourth-quarter profit of $70.3 million.
The Leawood, Kansas-based company said it had net income of $1.43 per share. Earnings, adjusted for one-time gains and costs, came to $1.88 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.75 per share.
The electronic payments and transactions processor posted revenue of $957.7 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $936.8 million.
For the year, the company reported profit of $283.9 million, or $5.50 per share. Revenue was reported as $3.69 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EEFT at https://www.zacks.com/ap/EEFT
