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Euronet projects 10% to 15% full-year adjusted EPS growth
Management pointed to 31% digital accelerator revenue growth in the quarter and said cross-border remittances saw their first annual decline in over a decade tied to U.S. immigration enforcement.
Euronet Worldwide said it expects full-year adjusted EPS growth of 10% to 15%, with management attributing 10% adjusted EPS growth in the quarter to the resilience of its diversified model, where digital accelerators helped offset softness in legacy segments, according to a Yahoo Finance earnings call summary.
The company reported digital accelerator revenue growth of 31% in the quarter, ahead of the 23% long-term framework discussed at Investor Day. Management also linked cross-border payments weakness to a market-wide dynamic in which U.S. immigration enforcement contributed to the first annual decline in outbound remittance in over a decade.
Euronet said ATM transaction softness was tied to U.S. to Europe airline bookings running 5% to 8% below 2025 peaks, alongside what it described as more selective discretionary spending by European travelers. The company also highlighted the CoreCard acquisition as reshaping its Ren platform sales narrative and described an epay pivot toward a direct-to-publisher gaming approach.
For outlook, management said the second and third quarters are expected to represent a smaller share of annual earnings than in historical patterns as digital initiatives scale, and that guidance includes assumptions about roughly $6 million in increased interest expense for the remainder of 2026 after the settlement of EUR 700 million bonds in May. The summary also noted planned strategic investments in XE and small business payments in the second half of 2026 and cited non-cash impacts from purchase price amortization and share-based compensation on operating income.