Previous Close | 11.31 |
Open | 11.05 |
Bid | 11.01 x 2200 |
Ask | 11.02 x 1800 |
Day's Range | 10.87 - 11.31 |
52 Week Range | 6.93 - 14.98 |
Volume | |
Avg. Volume | 3,544,579 |
Market Cap | 3.515B |
Beta (5Y Monthly) | 1.91 |
PE Ratio (TTM) | 10.49 |
EPS (TTM) | 1.05 |
Earnings Date | Nov 14, 2024 - Nov 18, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 16.74 |
The Brazilian fintech had a seemingly solid earnings report, but margin pressure caused investors to see the glass as half-empty.
PagBank (NYSE: PAGS), a complete digital bank in financial services and payments solution, announces its results for the second quarter of 2024 (2Q24). Among the key highlights of the period, the company recorded a record net income (Non-GAAP) of 542 million BRL (+31% y/y). Net income in a GAAP basis, also a record, was 504 million BRL (+31% y/y).
PagSeguro Digital (PAGS) delivered earnings and revenue surprises of 3.23% and 7.11%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?