NCR Corporation (NCR) Releases Q4 Earnings Guidance

NCR Corporation (NYSE:NCR) updated its fourth quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $0.83-$0.93 for the period, compared to the Thomson Reuters consensus estimate of $1.11. The company issued revenue guidance of $1.74-$1.79 billion, compared to the consensus revenue estimate of $1.92 billion.NCR Corporation also updated its FY17 guidance to $3.10-$3.20 EPS.

A number of equities analysts recently weighed in on NCR shares. TheStreet upgraded shares of NCR Corporation from a c+ rating to a b rating in a research report on Thursday, July 20th. Zacks Investment Research upgraded shares of NCR Corporation from a sell rating to a hold rating in a research report on Tuesday, July 25th. Benchmark Co. restated a buy rating and set a $55.00 target price on shares of NCR Corporation in a research report on Friday, July 21st. BidaskClub lowered shares of NCR Corporation from a hold rating to a sell rating in a research report on Thursday, July 27th. Finally, Royal Bank Of Canada restated a buy rating on shares of NCR Corporation in a research report on Sunday, July 16th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of $47.67.

Shares of NCR Corporation (NYSE NCR) traded down 0.70% during trading on Thursday, hitting $37.05. 1,538,476 shares of the company were exchanged. NCR Corporation has a 12 month low of $29.83 and a 12 month high of $49.90. The firm’s 50-day moving average price is $36.84 and its 200 day moving average price is $39.25. The firm has a market capitalization of $4.50 billion, a PE ratio of 22.83 and a beta of 1.91.

NCR Corporation (NYSE:NCR) last released its quarterly earnings results on Thursday, July 20th. The information technology services provider reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.04. NCR Corporation had a net margin of 4.90% and a return on equity of 87.62%. The firm had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.61 billion. During the same quarter last year, the company earned $0.72 EPS. The firm’s revenue for the quarter was down 1.7% compared to the same quarter last year. On average, equities research analysts expect that NCR Corporation will post $3.36 earnings per share for the current fiscal year.

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NCR Corporation 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.

Earnings History and Estimates for NCR Corporation (NYSE:NCR)

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