Equities Analysts Issue Forecasts for Nuvei Corporation’s Q2 2024 Earnings (TSE:NVE)

Nuvei Corporation (TSE:NVEFree Report) – Stock analysts at Seaport Res Ptn upped their Q2 2024 earnings per share estimates for Nuvei in a research note issued to investors on Monday, April 15th. Seaport Res Ptn analyst J. Cantwell now forecasts that the company will post earnings of $0.35 per share for the quarter, up from their previous forecast of $0.30. Seaport Res Ptn also issued estimates for Nuvei’s Q3 2024 earnings at $0.46 EPS, FY2024 earnings at $1.63 EPS, Q1 2025 earnings at $0.43 EPS, Q2 2025 earnings at $0.55 EPS, Q3 2025 earnings at $0.57 EPS, Q4 2025 earnings at $0.78 EPS and FY2025 earnings at $2.34 EPS.

Separately, William Blair lowered Nuvei from an “outperform” rating to a “market perform” rating in a research report on Monday, April 1st.

View Our Latest Stock Analysis on Nuvei

Nuvei Price Performance

Nuvei (TSE:NVEGet Free Report) last released its quarterly earnings results on Tuesday, March 5th. The company reported C$0.42 earnings per share for the quarter, beating the consensus estimate of C$0.33 by C$0.09. The firm had revenue of C$437.75 million for the quarter, compared to the consensus estimate of C$439.95 million.

Nuvei Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, March 19th were issued a $0.136 dividend. This represents a $0.54 annualized dividend and a yield of ∞. The ex-dividend date of this dividend was Monday, March 18th.

See Also

Earnings History and Estimates for Nuvei (TSE:NVE)

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