Evertec (NYSE:EVTC) Releases Quarterly Earnings Results, Beats Estimates By $0.09 EPS

Evertec (NYSE:EVTC) released its earnings results on Tuesday. The business services provider reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.09, FiscalAI reports. The company had revenue of $282.99 million for the quarter, compared to the consensus estimate of $272.94 million. Evertec had a net margin of 9.80% and a return on equity of 32.07%. Evertec’s revenue was up 23.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.92 EPS.

Here are the key takeaways from Evertec’s conference call:

• Third-quarter results were strong: revenue rose 24% to $283 million, adjusted EBITDA increased 19% to $110 million, and adjusted EPS grew 15% to $1.07, driven by acquisitions, organic growth and favorable foreign exchange.
• EVERTEC raised its 2026 reported revenue outlook to $1.088 billion–$1.096 billion and expects adjusted EPS growth of 10.5%–12.7%; the company cited solid operating momentum, share repurchases and a higher-than-expected R&D tax credit.
• Latin America remains the primary growth engine. Latin America Payments and Solutions revenue increased 59% reported, or 52% in constant currency, with broad-based organic growth, contributions from Dimensa and Tecnobank, and market-share gains in Brazil, Chile and other markets.
• Management highlighted significant long-term opportunities from digital payment adoption, financial-services modernization, AI productivity initiatives and the Transbank contract, whose contribution is expected to begin late in the second half of 2027 and ramp more meaningfully in 2028.
• Profitability and near-term comparisons face pressure from higher interest expense, depreciation and amortization, non-controlling interest and an increasingly Latin America-heavy mix; Puerto Rico’s vehicle-fine amnesty benefit will not recur, and the expected lower pricing on a renewed EBT relationship will temper 2027 growth.

Evertec Trading Up 9.3%

Evertec stock traded up $2.92 during trading on Wednesday, reaching $34.18. 234,704 shares of the company were exchanged, compared to its average volume of 497,033. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.70 and a quick ratio of 1.70. The stock’s 50 day simple moving average is $29.68 and its two-hundred day simple moving average is $28.42. Evertec has a 52-week low of $21.81 and a 52-week high of $35.20. The company has a market capitalization of $2.04 billion, a P/E ratio of 22.27, a PEG ratio of 0.93 and a beta of 0.71.

Evertec Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Monday, November 9th will be given a dividend of $0.05 per share. The ex-dividend date is Monday, November 9th. This represents a $0.20 dividend on an annualized basis and a yield of 0.6%. Evertec’s payout ratio is presently 12.99%.

Analyst Ratings Changes

EVTC has been the topic of several analyst reports. Wall Street Zen raised Evertec from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Keefe, Bruyette & Woods increased their price target on Evertec from $38.00 to $42.00 and gave the stock an “outperform” rating in a research report on Wednesday. Weiss Ratings raised Evertec from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, October 21st. Finally, Morgan Stanley set a $34.00 price objective on Evertec in a report on Thursday, August 6th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $35.50.

Trending Headlines about Evertec

Here are the key news stories impacting Evertec this week:

• Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $42 from $38 and maintained an “outperform” rating, implying about 21% upside from the cited share price of $34.70. Ticker Report article
• Positive Sentiment: For Q3 2026, Evertec reported revenue of $283.0 million, up 24% year over year and above analyst estimates of about $273 million. Quarterly earnings of $1.07 per share also topped consensus estimates of roughly $0.97–$0.98 and exceeded the year-ago $0.92. Evertec Q3 2026 results
• Positive Sentiment: Additional results showed adjusted EBITDA rose 19% to $110.5 million. The revenue and earnings beats, alongside solid growth, are the clearest near-term fundamental catalysts in the news. Zacks earnings coverage

Insider Transactions at Evertec

In other Evertec news, Director Aldo J. Polak sold 1,094 shares of the stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $30.37, for a total value of $33,224.78. Following the sale, the director owned 14,849 shares of the company’s stock, valued at $450,964.13. This trade represents a 6.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Paola Perez-Surillo sold 17,486 shares of Evertec stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $31.56, for a total value of $551,858.16. Following the sale, the executive vice president directly owned 46,421 shares of the company’s stock, valued at $1,465,046.76. This trade represents a 27.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 20,580 shares of company stock valued at $644,673 over the last three months. Corporate insiders own 1.13% of the company’s stock.

Evertec Company Profile

Evertec, Inc is a payment processing and financial technology company that provides transaction-processing services and business technology solutions to financial institutions, merchants, government agencies and other organizations. The company operates through businesses that support electronic payments, merchant acquiring, payment networks and related financial services.

Its products and services include debit and credit card processing, point-of-sale and e-commerce payment acceptance, automated teller machine processing, prepaid services, electronic bill payment and money transfer solutions.