12:11 PM EDT, 04/29/2025 (MT Newswires) -- (Updates with latest stock price movement in the headline and first paragraph.)
Shift4 Payments ( FOUR ) shares were up by nearly 13% in recent trading Tuesday after the company reported higher Q1 earnings and raised its full-year revenue guidance.
The company reported Q1 adjusted net income Tuesday of $1.07 per diluted share, up from $0.95 a year earlier.
Analysts polled by FactSet expected $0.67.
Revenue for the quarter ended March 31 was $368.5 million, up from $263.7 million a year earlier. Analysts surveyed by FactSet expected $353.8 million.
For Q2, the payment processing technology provider expects revenue of $405 million to $415 million. Analysts polled by FactSet expect $408.0 million.
For 2025, the company lifted its revenue guidance to $1.66 billion to $1.73 billion, from the previous $1.65 billion to $1.72 billion. Analysts polled by FactSet expect $1.69 billion.
Price: 90.00, Change: +10.34, Percent Change: +12.98