PagSeguro slips as major indexes fall less sharply

PagSeguro Digital shares closed at $8.90, down 1.66% in the latest trading session. The decline was steeper than the S&P 500’s 0.77% drop. The Dow fell 0.67%, and the Nasdaq lost 0.92%.

The stock has gained 1.8% over the past month, according to the article, outperforming the Business Services sector, which fell 5.02%. The S&P 500 rose 0.96% over that period.

Investors are watching for the company’s upcoming earnings report. Zacks consensus estimates call for quarterly earnings of $0.41 per share, up 13.89% from the same quarter a year earlier, and revenue of $996.93 million, up 6.38%.

For the full fiscal year, Zacks estimates earnings of $1.66 per share and revenue of $4.02 billion. Those figures would represent increases of 16.9% and 9.83%, respectively, from the prior year. The consensus estimate for quarterly earnings per share has declined 0.6% over the past 30 days.