UPDATE 2-Brazil's Cielo misses profit estimate amid fierce competition [Reuters]
CIELO SA S/ADR (CIOXY)
NASDAQ:AMEX Investor Relations:
cielo.riweb.com.br/default.aspx?linguagem=en
Company Research
Source: Reuters
UPDATE 2-Brazil's Cielo misses profit estimate amid fierce competition | Reuters Reuters Staff 3 Min Read (Adds expenses, EBITDA, details about competition) By Carolina Mandl RIO DE JANEIRO, July 30 (Reuters) - Cielo SA, Brazil’s largest credit and debit card processor, missed analysts’ second-quarter profit estimate on Monday as increased competition among payment solution companies hurt its margin. Cielo posted a recurring net income of 817.5 million reais ($219.33 million) in the second quarter, nearly 13 percent below the consensus of analysts polled by Thomson Reuters and 17.8 percent below its profit a year earlier. The company also missed estimates for earnings before interest, taxes, depreciation and amortization, a common gauge of operational profitability known as EBITDA, posting 1.147 billion reais in the quarter, below a consensus of 1.462 billion reais. To compete with newcomers such as PagSeguro Digital Ltda and Stone Pagamentos SA, Cielo doubled marketing expenses in th
Show less
Read more
Impact Snapshot
Event Time:
CIOXY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CIOXY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CIOXY alerts
High impacting CIELO SA S/ADR news events
Weekly update
A roundup of the hottest topics