Peter George Psaras Blog | Vantiv Reports Strong Revenues | TalkMarkets

Peter George Psaras

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Vantiv Reports Strong Revenues

Date: Thursday, July 31, 2014 8:17 AM EDT

Vantiv reports EPS in-line, beats on revs; guides Q3 EPS in-line, revs above consensus; guides FY14 EPS in-line, revs above consensus (VNTV) :

  • Reports Q2 (Jun) earnings of $0.47 per share, in-line with the Capital IQ Consensus Estimate of $0.47; revenues rose 11.6% year/year to $331.3 mln vs the $322.49 mln consensus. 
  • Co issues mixed guidance for Q3, sees EPS of $0.47-0.49 vs. $0.48 Capital IQ Consensus Estimate; sees Q3 revs of $376-382 mln vs. $361.89 mln Capital IQ Consensus Estimate. 
  • Co issues mixed guidance for FY14, sees EPS of $1.85-1.90 vs. $1.87 Capital IQ Consensus Estimate; sees FY14 revs of $1.39-1.41 bln vs. $1.35 bln Capital IQ Consensus Estimate.
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