PAGS Stock Recent News
PAGS LATEST HEADLINES
PagSeguro Digital Ltd. (PAGS) closed at $13.37 in the latest trading session, marking a -1.98% move from the prior day.
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Shares of PagSeguro Digital Ltd PAGS were trading down on Wednesday.
PagSeguro's 1Q24 results exceeded market estimates, beating revenue estimates by 6.9% and profit estimates by 9.4%. The company is expanding its low-risk and profitable products while launching new and promising ones. Despite the positive factors, PAGS trades with a P/E discount of more than 9% to its peers.
PagSeguro Digital Ltd. (PAGS) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.30 per share.
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).
PagSeguro (PAGS) is expected to have seen a weak top line in first-quarter 2024, while the bottom line is likely to have increased.
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PagSeguro Digital (PAGS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.