First Data (FDC) Issues FY18 Earnings Guidance
First Data (NYSE:FDC) issued an update on its FY18 earnings guidance on Monday morning. The company provided EPS guidance of $1.35-1.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.50.
First Data (NYSE:FDC) opened at $16.40 on Monday. The company has a debt-to-equity ratio of 3.58, a quick ratio of 1.02 and a current ratio of 1.02. First Data has a 12-month low of $14.67 and a 12-month high of $19.23. The company has a market cap of $14,620.00 and a PE ratio of 20.83.
First Data (NYSE:FDC) last issued its quarterly earnings results on Monday, February 12th. The business services provider reported $0.44 EPS for the quarter, hitting the consensus estimate of $0.44. First Data had a net margin of 5.99% and a return on equity of 26.60%. The business had revenue of $3.15 billion for the quarter, compared to analysts’ expectations of $3.11 billion. During the same quarter last year, the company posted $0.39 earnings per share. The company’s quarterly revenue was up 7.0% compared to the same quarter last year. research analysts forecast that First Data will post 1.28 EPS for the current fiscal year.
In other First Data news, insider Andrew Gelb sold 7,473 shares of the firm’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $17.12, for a total value of $127,937.76. Following the transaction, the insider now owns 417,652 shares of the company’s stock, valued at $7,150,202.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders acquired 300 shares of company stock worth $5,124 in the last three months. 6.30% of the stock is currently owned by corporate insiders.
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First Data Company Profile
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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