NCR (NCR) Issues Q1 Earnings Guidance
NCR (NYSE:NCR) issued an update on its first quarter earnings guidance on Thursday morning. The company provided EPS guidance of $0.41-0.47 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.56. NCR also updated its FY18 guidance to $3.30-3.45 EPS.
NCR (NYSE:NCR) traded down $1.79 during trading hours on Friday, reaching $31.72. 1,136,768 shares of the company’s stock traded hands, compared to its average volume of 1,297,666. The company has a debt-to-equity ratio of 3.86, a current ratio of 1.42 and a quick ratio of 1.01. NCR has a 52-week low of $29.20 and a 52-week high of $49.90. The stock has a market cap of $4,191.14, a P/E ratio of 20.31 and a beta of 1.83.
NCR (NYSE:NCR) last posted its earnings results on Thursday, February 8th. The information technology services provider reported $0.92 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.87 by $0.05. NCR had a net margin of 5.11% and a return on equity of 84.72%. The firm had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same period last year, the firm posted $1.07 EPS. The firm’s revenue for the quarter was down 1.1% on a year-over-year basis. sell-side analysts predict that NCR will post 3.14 EPS for the current year.
In related news, EVP J. Robert Ciminera sold 1,937 shares of the business’s stock in a transaction that occurred on Tuesday, January 23rd. The shares were sold at an average price of $37.36, for a total value of $72,366.32. Following the completion of the sale, the executive vice president now directly owns 6,802 shares in the company, valued at $254,122.72. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.00% of the stock is currently owned by insiders.
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NCR Company Profile
NCR Corporation is a provider of Omni-channel technology solutions that enable businesses connect, interact and transact with their customers. The Company operates through three segments: Software, Services and Hardware. It sells a portfolio of hardware, software and services that combine to provide businesses with solutions.
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