PagSeguro Digital Ltd. (NYSE:PAGS) is set to announce third quarter earning results on Wednesday 18th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, PAGS to report 3Q20 income of $ 0.20 per share.
For the full year, analysts anticipate top line of $ 1238.96 million, while looking forward to income of $ 0.82 per share bottom line.
Previous Quarter Performance
PagSeguro Digital Ltd. unveiled income for the second quarter of $ 0.17 per share, from the revenue of $ 252.88 million. The quarterly earnings contracted 32.00 percent while revenues declined 1.66 percent compared with the same quarter last year.
Wall street analysts are predicting, PAGS to report 2Q20 income of $ 0.18 per share from revenue of $ 252.89 million. The bottom line results missed street analysts by $ 0.01 or 5.56 percent, at the same time, top line results fell short of analysts by $ 0.01 million or -0 percent.
Stock Performance
Shares of PagSeguro Digital Ltd. traded up $ 1.02 or 2.31 percent on Tuesday, reaching $ 45.24 with volume of 2.57 million shares. PagSeguro Digital Ltd. has traded high as $ 45.49 and has cracked $ 43.79 on the downward trend
According to the previous trading day, closing price of $ 45.24, representing a 225.63 % increase from the 52 week low of $ 13.58 and a 3.37 % decrease over the 52 week high of $ 45.76.
The company has a market capital of $ 14.84 billion and is part of the Technology sector and Software – Infrastructure industry.
PagSeguro Digital Ltd. provides financial technology solutions and services for micro-merchants, and small and medium-sized businesses in Brazil and internationally. The companys 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.
