Equities analysts forecast that Qiwi PLC (NASDAQ:QIWI) will announce earnings of $0.13 per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Qiwi’s earnings, with estimates ranging from $0.10 to $0.15. Qiwi reported earnings of $0.25 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 48%. The firm is expected to report its next quarterly earnings report on Wednesday, March 28th.
On average, analysts expect that Qiwi will report full-year earnings of $1.09 per share for the current financial year, with EPS estimates ranging from $1.08 to $1.09. For the next fiscal year, analysts anticipate that the company will post earnings of $1.20 per share, with EPS estimates ranging from $1.14 to $1.26. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Qiwi.
Several brokerages recently weighed in on QIWI. ValuEngine raised shares of Qiwi from a “hold” rating to a “buy” rating in a report on Saturday, October 21st. Zacks Investment Research raised shares of Qiwi from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 18th. Finally, BidaskClub raised shares of Qiwi from a “sell” rating to a “hold” rating in a report on Saturday. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $22.67.
Shares of Qiwi (NASDAQ QIWI) traded up $2.11 during trading on Tuesday, reaching $17.33. 4,912,100 shares of the company traded hands, compared to its average volume of 498,965. The company has a market cap of $1,040.00, a P/E ratio of 24.07 and a beta of 3.23. Qiwi has a one year low of $11.60 and a one year high of $26.55.
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QIWI plc is a provider of payment services in Russia and the Commonwealth of Independent States (CIS). The Company’s network enables payment services across physical, online and mobile channels. The Company operates in target markets and customer segments. As of December 31, 2016, the Company had deployed over 17.2 million virtual wallets, over 162,000 kiosks and terminals, and enabled merchants to accept over Russian rubles 70 billion cash and electronic payments monthly.
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