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Nexi S.p.A. (IT:NEXI)
:NEXI
Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.36Last Year’s EPS
0.3Same Quarter Last Year
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2024
|% Change Since: -19.27%
|Next Earnings Date:Feb 27, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive sentiment with continued growth in revenues and EBITDA, successful debt reduction, and completed share buyback. However, macroeconomic challenges and a softer summer performance present some concerns.Company Guidance
In the Nexi third-quarter call for fiscal year 2024, CEO Paolo Bertoluzzo highlighted several key metrics and reaffirmed guidance despite a challenging macro environment. Year-to-date revenues grew by 5.6%, with Merchant Solutions revenues increasing by 6.9%. EBITDA rose by 7.3%, coupled with an 82-basis point margin expansion. Additionally, the company anticipates accelerating EBITDA margin expansion in Q4. Nexi has successfully reimbursed EUR 700 million of debt maturities and completed a EUR 0.5 billion share buyback program. The company maintains a stable leverage ratio of around 2.8. For 2024, Nexi projects mid-single-digit revenue growth, at least 100 basis points in EBITDA margin expansion, and excess cash exceeding EUR 700 million. The company also completed the disposal of its Nordic eID business, further reinforcing its strategic focus on sustainable growth and shareholder value creation.Revenue and Growth Metrics
Revenues for the nine months of 2024 grew by 5.6%, with Merchant Solutions revenues up 6.9%. EBITDA increased by 7.3% year-to-date with an 82-basis point margin expansion.
Debt Reduction and Share Buyback
Reimbursed EUR700 million of debt maturities year-to-date and accelerated a EUR0.5 billion share buyback program, completing it in September.
Guidance Confirmation
Confirmed guidance for 2024 with revenues up mid-single digit, EBITDA margin expansion of at least 100 basis points, and excess cash more than EUR700 million, despite a softer-than-expected macro environment.
Efficiency Initiatives
Implemented efficiency initiatives to support future EBITDA margin expansion, including cost synergies from group integration.
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IT:NEXI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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IT:NEXI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 08, 2024 | €5.76 | €5.73 | -0.52% |
| Jul 31, 2024 | €5.69 | €5.68 | -0.18% |
| May 09, 2024 | €5.70 | €6.07 | +6.49% |
| Mar 07, 2024 | €6.75 | €6.48 | -4.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Nexi S.p.A. (IT:NEXI) report earnings?
Nexi S.p.A. (IT:NEXI) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is Nexi S.p.A. (IT:NEXI) earnings time?
Nexi S.p.A. (IT:NEXI) earnings time is at Feb 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Nexi S.p.A. stock?
The P/E ratio of Nexi S.p.A. is N/A.
What is IT:NEXI EPS forecast?
IT:NEXI EPS forecast for the fiscal quarter 2024 (Q4) is 0.36.
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