LEAWOOD, Kan. (AP) — LEAWOOD, Kan. (AP) — Euronet Worldwide Inc. (EEFT) on Wednesday reported second-quarter net income of $97.6 million.
The Leawood, Kansas-based company said it had profit of $2.27 per share. Earnings, adjusted for one-time gains and costs, came to $2.56 per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.63 per share.
The electronic payments and transactions processor posted revenue of $1.07 billion in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $1.08 billion.
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