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

Several research firms have recently commented on CATM. Zacks Investment Research lowered shares of Cardtronics PLC from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 18th. Lake Street Capital lowered shares of Cardtronics PLC from a “buy” rating to a “hold” rating and reduced their price target for the company from $40.00 to $31.00 in a report on Tuesday, September 26th. William Blair lowered shares of Cardtronics PLC from an “outperform” rating to a “market perform” rating in a report on Monday, September 25th. Finally, Bank of America Corporation reduced their price objective on shares of Cardtronics PLC from $48.00 to $40.00 and set a “neutral” rating for the company in a research note on Friday, July 7th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $41.00.

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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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