Qiwi PLC Earnings: Everything You Must Know Now
Qiwi PLC Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased to $7.02 in the quarter versus EPS of $ in the year-earlier quarter.
Revenue: Decreased 0% to $1.28 billion from the year-earlier quarter.
Actual vs. Wall St. Expectations: reported adjusted EPS income of $7.02 per share. By that measure, the company beat the mean analyst estimate of $0. It beat the average revenue estimate of $0.
Quoting Management: “QIWI is pleased to report a strong start to 2013. Our first quarter results are a testament to the value of our integrated proprietary network, our comprehensive suite of differentiated payment services, and our leading position in the fast-growing markets we serve,” said Sergey Solonin, QIWI’s chief executive officer. “We remain excited by the wide range of growth opportunities available to us including continuing to capitalize on strong secular trends in the Russian and CIS markets and the rapid adoption of our Visa Qiwi Wallet. We will continue to build on our accomplishments with a focus on creating long-term value.”
Key Stats (on next page)…
Revenue decreased 0% from $0 in the previous quarter. EPS increased to $7.02 in the quarter versus EPS of $ in the previous quarter.
Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a loss of $0 and has not changed. For the current year, the average estimate is a loss of $0, which is the same with that ninety days ago.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)