CENTER VALLEY, Pa. (AP) — CENTER VALLEY, Pa. (AP) — Shift4 Payments, Inc. (FOUR) on Tuesday reported third-quarter net income of $53.8 million.
The Center Valley, Pennsylvania-based company said it had profit of 74 cents per share. Earnings, adjusted for one-time gains and costs, were $1.04 per share.
The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.
The company posted revenue of $909.2 million in the period. Its adjusted revenue was $365.1 million, also falling short of Street forecasts. Seven analysts surveyed by Zacks expected $369.1 million.
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