Marcio Binow Da Silva/iStock via Getty Images Some LatAm fintechs are attracting the attention of investors because they combine growth potential with a cheap valuation. One example of this is Nu Holdings (NU), but as I mentioned in a recent article, its valuation has already become premium. However, there are other alternatives that still have more attractive valuations and similar characteristics. This is the case of PagSeguro (NYSE:PAGS), a Brazilian fintech (in the payments and banking sector) that is t ...

财务数据和关键指标变化 - 总收入同比增长19%，达到46亿雷亚尔，创历史新高 [12] - 毛利率接近40%，同比提升86个基点 [12] - 上半年毛利率达40.3% [12] - 净利润(GAAP)同比增长30%，达5.04亿雷亚尔，创历史新高 [36] - 每股收益(GAAP)同比增长32%，达1.56雷亚尔 [36] - 净利润(非GAAP)同比增长31%，达5.42亿雷亚尔，创历史新高 [35] - 每股收益(非GAAP)同比增长32%，达1.68雷亚尔 [35] 各条业务线数据和关键指标变化 支付业务 - 交易总额(TPV)同比增长34%，达1,240亿雷亚尔 [16][21] - 中小商户TPV同比增长28%，达836亿雷亚尔 [22] - 大型商户、电商和跨境TPV同比增长50%，达408亿雷亚尔 [25][26] 银行业务 - 存款总额同比增长87%，达342亿雷亚尔，创历史新高 [30][31] - 活跃银行客户达1,730万，同比增长5% [28] - 每位活跃客户存款额同比增长44%，达4,400雷亚尔 [28] - 信贷规模同比增长11%，达29亿雷亚尔 [33] - 逾期90天贷款率下降至3.2% [33] 各个市场数据和关键指标变化 - 公司在巴西各地区进行了地域扩张，增加了针对特定区域中小商户的销售团队 [119][120] 公司战略和发展方向及行业竞争 - 公司专注于吸引交易量和盈利能力更强的商户 [20][21][22][24][25] - 公司通过支付和银行服务的协同效应为商户提供独特的价值主张 [24][28][31] - 公司在电商和跨境支付领域保持快速增长 [26][27] - 公司正在探索信贷业务的扩张机会，包括推出工资贷款和透支等新产品 [159][160][161] - 公司认为其综合支付和银行服务的生态系统在行业内具有独特优势 [103][104] 管理层对经营环境和未来前景的评论 - 管理层对公司当前的强劲增长和盈利能力表示乐观 [11][51][52][53][54] - 管理层表示将继续保持增长和盈利的平衡 [61][174][175] - 管理层认为公司有能力控制成本并提高运营效率 [58][59][60][174] - 管理层表示将继续投资于客户体验、产品开发和服务水平以提升客户粘性 [46][47][48] 其他重要信息 - 公司获得穆迪和标普的AAA信用评级 [15][30] - 公司将在第三季度开始为其他收单机构的商户提供提前收款服务 [18] - 公司调整了全年业绩指引，上调了交易总额和净利润的预期 [51][52][53][54] 问答环节重要的提问和回答 问题1 **Kaio Prato (UBS) 提问** 对于公司调高全年业绩指引,尽管交易总额和折旧摊销费用预期有所改善,但净利润指引调升幅度较小,是否有其他成本项目预期将恶化,如财务费用等 [57] **Ricardo Dutra 回答** 公司在管理各项成本费用时保持纪律,但利率上升等因素会增加财务费用,公司正在通过存款增长等方式来降低融资成本 [58][59][60][61] 问题2 **Pedro Leduc (Itau BBA) 提问** 关于销售和营销费用的增加,是否会影响未来的盈利能力 [63] **Ricardo Dutra 回答** 销售和营销费用的增加主要集中在第二季度,未来几个季度预计将保持稳定,不会继续大幅增加 [64][65][66] 问题3 **Mario Pierry (Bank of America) 提问** 大型商户业务毛利率较低,但增长更快,是否会拖累整体盈利能力 [72][73][74] **Ricardo Dutra 回答** 大型商户业务增长较快,但仍然是盈利性较好的业务,公司在两个细分市场都保持了高于行业的增长 [74][75]

关于PagSeguro Digital公司 - 公司每股季度收益为0.32美元超过Zacks共识预期的0.31美元相比一年前每股收益0.26美元收益惊喜为3.23%一个季度前预期每股收益0.30美元实际为0.33美元惊喜为10% [1] - 过去四个季度公司四次超过共识每股收益预期2024年6月结束的季度营收8.7438亿美元超过Zacks共识预期7.11%相比去年同期营收7.7283亿美元过去四个季度四次超过共识营收预期 [2] - 股票近期价格走势的可持续性取决于管理层在财报电话会议上的评论自年初以来公司股价上涨约17.1%而标准普尔500指数上涨17.6% [3] - 虽然公司今年以来表现逊于市场但投资者关心公司股票下一步走向可靠的衡量标准是公司的盈利前景包括当前对下一季度的共识盈利预期以及这些预期最近的变化 [4] - 在此次财报发布之前公司的盈利预期修正趋势为混合当前状态下股票的Zacks排名为3(持有)预计近期股票表现将与市场一致下一季度营收8.2827亿美元共识每股收益预期为0.31美元本财年营收33.6亿美元每股收益预期为1.27美元 [6][7] 关于金融交易服务行业 - 行业目前在250多个Zacks行业中排名前38%研究表明排名前50%的行业表现优于排名后50%的行业超过2倍 [8] 关于Global Blue Group Holding AG公司 - 公司预计在即将发布的报告中每股季度收益为0.05美元较去年同期变化+400%过去30天该季度的共识每股收益预期保持不变 [9] - 公司营收预计为1.2295亿美元较去年同期增长19.5% [10]

PAGS's full-year Zacks Consensus Estimates are calling for earnings of $1.44 per share and revenue of $3.15 billion. These results would represent year-over-year changes of +32.11% and -1.63%, respectively. We can also see that PAGS currently has a PEG ratio of 0.56. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Financial Transaction Services industry was having an average PEG r ...

Heading into today, shares of the company had gained 22.33% over the past month, outpacing the Business Services sector's gain of 0.5% and the S&P 500's gain of 4.43% in that time. The investment community will be paying close attention to the earnings performance of PagSeguro Digital Ltd. in its upcoming release. It is anticipated that the company will report an EPS of $0.35, marking a 34.62% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly ...

Loading... Shares of PagSeguro Digital Ltd PAGS were trading down on Wednesday. The PagSeguro Digital Analyst: Tito Labarta upgraded the rating for PagSeguro Digital from Neutral to Buy, while keeping the price target unchanged at $15. Check out other analyst stock ratings. The pending privatization of Cielo "may create further opportunities" for StoneCo Ltd STNE and PagSeguro Digital to gain share, he added. PAGS Price Action: Shares of PagSeguro Digital had declined by 0.13% to $11.16 at the time of publi ...

Investment Thesis I recommend buying PagSeguro (NYSE:PAGS) shares after the 1Q24 results released on May 23rd. As a growth company, PagSeguro delivered a great annual increase of 31.7% in net income. Another highlight is that the company reported that it reached 31.4 million customers, of which 17.3 million are active customers. Furthermore, the company is growing in low-risk and profitable products, while launching new and promising products, something important when operating in a sector characterized by ...

PagSeguro Digital Ltd. (PAGS) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this company would post earnings of $0.29 per share when it actually produced earnings of $0.33, delivering a surprise of 13.79%. Over the last four quarters, the co ...

TPV reached 112 billion BRL (+27% YoY), more than twice the industry's growth and 31 billion BRL in deposits, reinforcing the balance sheet for expansion of receivables anticipation and credit concession. SÃO PAULO, May 24, 2024 /PRNewswire/ -- PagBank (NYSE: PAGS), a complete digital bank in financial services and payments solution and one of the largest digital banks in Brazil, announces its results for the first quarter of 2024 (Q124). The main highlights of the period include a record recurring net prof ...

PagSeguro Digital (PAGS) will report its first-quarter 2024 results on May 23, after market close. 2023 Sales & Margin Performance PAGS's 2023 revenues increased 4% year over year. The rise was facilitated majorly by the Payments segment. The increase in Total Payment Volume (TPV) and Transaction Cost savings due to the interchange cap positively impacted the performance of the segment. Gross profit grew 9.4% on a year-over-year basis. Growth in PIX QR Code due to better unit economics with instant settleme ...