NCR Corporation (NCR) Scheduled to Post Earnings on Thursday
NCR Corporation (NYSE:NCR) will release its earnings data after the market closes on Thursday, October 19th. Analysts expect NCR Corporation to post earnings of $0.91 per share for the quarter. NCR Corporation has set its Q3 guidance at $0.88-0.93 EPS and its FY17 guidance at $3.32-3.42 EPS.
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 for the quarter, beating the Thomson Reuters’ consensus estimate of $0.76 by $0.04. The firm had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.61 billion. NCR Corporation had a net margin of 4.90% and a return on equity of 87.62%. The business’s revenue was down 1.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.72 EPS. On average, analysts expect NCR Corporation to post $3.37 EPS for the current fiscal year and $3.64 EPS for the next fiscal year.
NCR Corporation (NYSE NCR) opened at 37.40 on Thursday. The firm has a 50-day moving average of $36.56 and a 200 day moving average of $39.51. NCR Corporation has a 12-month low of $29.83 and a 12-month high of $49.90. The company has a market capitalization of $4.54 billion, a PE ratio of 23.04 and a beta of 1.91.
NCR has been the topic of several research reports. TheStreet raised shares of NCR Corporation from a “c+” rating to a “b” rating in a research report on Thursday, July 20th. Benchmark Co. reaffirmed a “buy” rating and issued a $55.00 price objective on shares of NCR Corporation in a research report on Friday, July 21st. Compass Point initiated coverage on shares of NCR Corporation in a research report on Tuesday, July 18th. They issued a “buy” rating and a $48.00 price objective on the stock. Royal Bank Of Canada reaffirmed a “buy” rating on shares of NCR Corporation in a research report on Sunday, July 16th. Finally, Zacks Investment Research raised shares of NCR Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 25th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $47.67.
About NCR Corporation
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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