CENTER VALLEY, Pa. (AP) — CENTER VALLEY, Pa. (AP) — Shift4 Payments, Inc. (FOUR) on Tuesday reported fourth-quarter profit of $116 million.
On a per-share basis, the Center Valley, Pennsylvania-based company said it had profit of $1.44. Earnings, adjusted for one-time gains and costs, came to $1.35 per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.16 per share.
The company posted revenue of $887 million in the period. Its adjusted revenue was $405 million, missing Street forecasts. Eight analysts surveyed by Zacks expected $405.4 million.
For the year, the company reported profit of $229.6 million, or $3.03 per share. Revenue was reported as $1.35 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FOUR at https://www.zacks.com/ap/FOUR
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