Shift4 Payments (FOUR Quick QuoteFOUR - Free Report) reported $320.6 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 40.6%. EPS of $0.96 for the same period compares to $0.74 a year ago.

The reported revenue represents a surprise of +2.10% over the Zacks Consensus Estimate of $314.02 million. With the consensus EPS estimate being $0.91, the EPS surprise was +5.49%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Shift4 Payments performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• End-to-End Payment Volume

  : $40.10 billion compared to the $40.14 billion average estimate based on four analysts.

• Gross Revenue- Subscription and other revenues

  : $71.20 million versus $56.62 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +93% change.

• Gross Revenue- Payments-based revenue

  : $755.80 million compared to the $786.79 million average estimate based on three analysts. The reported number represents a change of +26% year over year.

View all Key Company Metrics for Shift4 Payments here>>>

Shares of Shift4 Payments have returned -5.8% over the past month versus the Zacks S&P 500 composite's -6.5% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.