PAR Technology Co. (PTC) Updates FY14 Earnings Guidance
PAR Technology Co. (NYSE:PTC) updated its FY14 earnings guidance on Wednesday. The company provided EPS guidance of $2.03-2.13 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.05, AR Network reports. The company issued revenue guidance of $1.33-1.345 billion, compared to the consensus revenue estimate of $1.34 billion.PAR Technology also updated its Q2 guidance to $0.43-0.48 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 one year low of $21.00 and a one year high of $35.92. The stock’s 50-day moving average is $33.92 and its 200-day moving average is $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 issued its quarterly 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. Analysts expect that PAR Technology Co. will post $2.05 EPS 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.