Cardtronics PLC (NASDAQ:CATM) posted its earnings results on Thursday. The business services provider reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.10, Bloomberg Earnings reports. The firm had revenue of $402.00 million for the quarter, compared to the consensus estimate of $383.97 million. Cardtronics PLC had a return on equity of 28.23% and a net margin of 4.83%. The business’s quarterly revenue was up 22.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.98 earnings per share. Cardtronics PLC updated its FY17 guidance to $2.83-3.00 EPS.

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A number of brokerages recently issued reports on CATM. Zacks Investment Research upgraded Cardtronics PLC from a “strong sell” rating to a “hold” rating in a research report on Monday, August 7th. Lake Street Capital downgraded Cardtronics PLC from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $40.00 to $31.00 in a research report on Tuesday, September 26th. William Blair downgraded Cardtronics PLC from an “outperform” rating to a “market perform” rating in a research report on Monday, September 25th. Finally, Bank of America Corporation lowered their price objective on Cardtronics PLC from $48.00 to $40.00 and set a “neutral” rating on the stock in a research report on Friday, July 7th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $41.00.

Cardtronics PLC Company Profile

Cardtronics plc, formerly Cardtronics, Inc, provides automated consumer financial services through its network of automated teller machines (ATMS) and multi-function financial services kiosks. The Company’s operations consists of its North America, Europe, and Corporate & Other segments. Its ATM operations in the United States, Canada, Mexico and Puerto Rico are included in its North America segment.

Earnings History for Cardtronics PLC (NASDAQ:CATM)

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