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Fly News Breaks for October 24, 2016
EEFT
Oct 24, 2016 | 07:42 EDT
After Euronet reported higher than expected Q3 EPS but lower than expected revenue, SunTrust analyst Andrew Jaffrey says that the company's profitability is "impressive." The analyst says that the revenue miss was caused by lower than expected money transfer sales, and he thinks that the weakness is "transitory." Jaffrey says that the company's growth outlook is "intact," and he keeps a Buy rating on the shares.
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