FOUR Stock Recent News

FY23 witnessed significant growth in end-to-end payment volume, subscription revenue, and total revenue, driven by increased merchant adoption in new verticals, strategic acquisitions, and the next-gen SkyTab POS system. Shift4 achieved impressive growth in gross profit and gross margin, outpacing revenue growth, and thus, profitability. Continued margin improvements are anticipated in FY24. Shift4's current premium valuation is justified by its demonstrated self-sustainability, superior growth trajectory, and improving margins.

Shift4 is exploring a sale of the company but it's not getting the offers that it's looking for. For patient investors, allowing the company to grow and compound returns could be far more rewarding.

Shift 4 stock sold off Monday after CEO Jared Isaacman reportedly told staff that takeover bids didn't "sufficiently value" the payments firm.

Shift4 Payments' CEO is reportedly unhappy with the offers from potential buyers for his firm. Chief Executive Jared Isaacman said those bids failed to “sufficiently value” the payments processor, Bloomberg News reported Sunday (March 17), citing an eternal memo.

Payments processor Shift4 Payments' Chief Executive Officer Jared Isaacman said bids from potential contenders have failed to "sufficiently value" the company, Bloomberg News reported on Sunday.

Although the revenue and EPS for Shift4 Payments (FOUR) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Shift4 Payments' (FOUR) fourth-quarter 2023 earnings and revenues are expected to increase year over year.

Besides Wall Street's top -and-bottom-line estimates for Shift4 Payments (FOUR), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Despite consumer credit concerns, Benchmark Managing Director Mark Palmer initiated coverage on five fintech stocks — one of which is Block (SQ) — with Buy ratings. Palmer joins Yahoo Finance Live to discuss why fintech is "a stock picker's sector" right now.

Shift4 Payments (FOUR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.