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Shift4 Payments: Q3 Earnings Snapshot
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CENTER VALLEY, Pa. (AP) — CENTER VALLEY, Pa. (AP) — Shift4 Payments, Inc. (FOUR) on Thursday reported third-quarter net income of $38 million.

On a per-share basis, the Center Valley, Pennsylvania-based company said it had profit of 37 cents. Earnings, adjusted for one-time gains and costs, came to $1.49 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.35 per share.

The company posted revenue of $1.32 billion in the period. Its adjusted revenue was $648 million, which fell short of Street forecasts. Seven analysts surveyed by Zacks expected $650.3 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FOUR at https://www.zacks.com/ap/FOUR

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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