Shift4 Payments is trading 13% down at $46.40 after third-quarter revenue guidance came in below consensus despite a second-quarter earnings beat.
- Q2 non-GAAP EPS was $1.32, while payment volume grew 22% to $61 billion.
- Management reaffirmed or lowered its outlook, including full-year GRLNF guidance of $2.48 billion to $2.53 billion.
- Investors focused on Middle East travel disruptions and foreign-exchange headwinds rather than the quarterly beat.