Shift4 Payments: Overview of Fourth Quarter Financial Results

Shift4 Payments Reports Fourth-Quarter Earnings

Shift4 Payments, Inc., headquartered in Center Valley, Pennsylvania, announced a net profit of $40 million for the fourth quarter.

The company’s earnings translated to $0.36 per share. After adjusting for non-recurring items, earnings reached $1.60 per share.

These adjusted results exceeded the expectations of Wall Street analysts, who, according to a Zacks Investment Research survey of eight experts, had anticipated $1.57 per share.

During the quarter, Shift4 Payments generated $1.19 billion in total revenue. Adjusted revenue came in at $610 million, which was below the consensus estimate of $618.1 million from Zacks’ surveyed analysts.

Looking ahead, the company projects its annual earnings to fall between $5.50 and $5.70 per share, with anticipated revenue ranging from $2.5 billion to $2.6 billion.