EVERTEC (EVTC) shares were up over 12% in recent trading on Thursday after Susquehanna upgraded its rating to neutral from negative and raised the price target to $30 from $28.
The company posted Q4 adjusted earnings Wednesday of $0.87 per diluted share, up from $0.62 a year earlier.
Analysts polled by FactSet expected $0.72.
Revenue for the quarter ended Dec. 31 was $216.4 million, compared with $194.6 million a year earlier.
Analysts polled by FactSet expected $215.3 million.
For 2025, the company said it expects adjusted EPS of $3.34 to $3.45. Analysts polled by FactSet expect $3.41. Revenue for the year is projected to be between $889 million and $899 million. Analysts polled by FactSet expect $894 million.
Price: 36.45, Change: +4.11, Percent Change: +12.71
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