Shift4 shares surge 11% on earnings beat as fintech stocks climb on results and upgrades
1. Shift4 Payments surged over 10% after strong Q1 earnings exceeding expectations. 2. First-quarter sales of $848 million fell below consensus estimate of $868 million. 3. Full-year guidance raised, projecting adjusted EBITDA of $853 million by FY 2025. 4. End-to-end payment volume reached $45 billion, surpassing expectations of $43 billion. 5. Analyst sentiments around fintech stocks remain largely optimistic, boosting investor confidence.