First Data (NYSE:FDC) issued an update on its FY18 earnings guidance on Monday morning. The company provided earnings per share guidance of $1.35-1.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.50.
First Data (NYSE FDC) opened at $16.40 on Monday. First Data has a 52 week low of $14.67 and a 52 week high of $19.23. The firm has a market capitalization of $14,620.00 and a price-to-earnings ratio of 20.83. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 3.58.
First Data (NYSE:FDC) last issued its quarterly earnings results on Monday, February 12th. The business services provider reported $0.44 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.44. First Data had a return on equity of 26.60% and a net margin of 5.99%. The company had revenue of $3.15 billion for the quarter, compared to analyst estimates of $3.11 billion. During the same quarter in the prior year, the company posted $0.39 EPS. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. sell-side analysts expect that First Data will post 1.28 earnings per share for the current year.
In related news, insider Andrew Gelb sold 7,473 shares of the stock in a transaction on Monday, November 20th. The stock was sold at an average price of $17.12, for a total value of $127,937.76. Following the completion of the sale, the insider now directly owns 417,652 shares in the company, valued at approximately $7,150,202.24. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Over the last quarter, insiders purchased 300 shares of company stock valued at $5,124. 6.30% of the stock is owned by insiders.
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About First Data
First Data Corporation is a provider of commerce-enabling technology and solutions for merchants, financial institutions and card issuers. The Company’s segments are Global Business Solutions (GBS), Global Financial Solutions (GFS), Network & Security Solutions (NSS), and Corporate. The GBS segment provides businesses of all sizes and types with a range of solutions at the point of sale, including merchant acquiring, e-commerce, mobile commerce, point-of-sale, and other business solutions.
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