PAR Technology Co. (PTC) Releases Q2 Earnings Guidance
PAR Technology Co. (NYSE:PTC) issued an update on its second quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.43-0.48 for the period, compared to the Thomson Reuters consensus estimate of $0.46, American Banking News reports. The company issued revenue guidance of $320-330 million, compared to the consensus revenue estimate of $323.33 million.PAR Technology also updated its FY14 guidance to $2.03-2.13 EPS.
PAR Technology Co. (NYSE:PTC) traded up 0.03% during mid-day trading on Wednesday, hitting $35.75. The stock had a trading volume of 842,871 shares. PAR Technology Co. has a 52-week low of $21.00 and a 52-week high of $35.92. The stock has a 50-day moving average of $33.92 and a 200-day moving average of $29.64. The company has a market cap of $4.234 billion and a P/E ratio of 30.03.
PAR Technology (NYSE:PTC) last released its earnings data on Thursday, January 23rd. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.06. The company had revenue of $325.00 million for the quarter, compared to the consensus estimate of $318.19 million. During the same quarter in the previous year, the company posted $0.36 earnings per share. The company’s revenue for the quarter was up 1.6% on a year-over-year basis. On average, analysts predict that PAR Technology Co. will post $2.05 earnings per share for the current fiscal year.
PAR Technology Corporation (NYSE:PTC) conducts business in two business segments: Hospitality and Government.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.