Worldpay Inc. released its financial outlook for the first quarter and 2018, as well as its results for the fourth quarter and full year 2017.
It predicted a loss per share of 51 cents to 46 cents and adjusted EPS of 76 cents to 79 cents for the first quarter. Worldpay expects net revenue of $825 million to $840 million.
The S&P Capital IQ consensus normalized EPS estimate for the first quarter is 78 cents.
For 2018, the company projected EPS of 56 cents to 71 cents and adjusted EPS of $3.66 to $3.76. Worldpay projects recording net revenue of $3.80 billion to $3.89 billion.
The consensus normalized EPS estimate for 2018 was $3.73, according to S&P Capital IQ.
Worldpay also reported a net loss attributable to the company of $59.7 million, or a net loss of 37 cents per share, in the fourth quarter of 2017, compared to net income attributable to the company of $47.8 million, or 29 cents per share, in the prior-year quarter.
Adjusted net income was $173.7 million, or 97 cents per share, higher than $148.1 million, or 75 cents per share, in the fourth quarter of 2016.
The S&P Capital IQ consensus normalized EPS estimate for the last three months of 2017 was 95 cents.
For full year 2017, Worldpay reported net income attributable to the company of $130.1 million, or 80 cents per share, down from $213.2 million, or $1.32 per share, in 2016.
Adjusted net income was $641.1 million, or $3.37 per share, higher than $537.8 million, or $2.73 per share, in 2016.
The consensus normalized EPS estimate for 2017 was $3.36, according to S&P Capital IQ.
