NCR Corporation (NCR) Set to Announce Quarterly Earnings on Thursday
NCR Corporation (NYSE:NCR) is scheduled to announce its earnings results after the market closes on Thursday, October 19th. Analysts expect the company to announce 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 data on Thursday, July 20th. The information technology services provider reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.04. NCR Corporation had a net margin of 4.90% and a return on equity of 87.62%. The business had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same quarter last year, the firm earned $0.72 EPS. NCR Corporation’s quarterly revenue was down 1.7% compared to the same quarter last year. On average, analysts expect NCR Corporation to post $3.37 EPS for the current fiscal year and $3.63 EPS for the next fiscal year.
NCR Corporation (NYSE:NCR) opened at 37.48 on Tuesday. The company has a market cap of $4.55 billion, a price-to-earnings ratio of 23.09 and a beta of 1.91. The company’s 50-day moving average is $36.73 and its 200 day moving average is $39.38. NCR Corporation has a 1-year low of $29.83 and a 1-year high of $49.90.
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Several analysts recently commented on the company. BidaskClub cut NCR Corporation from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th. TheStreet upgraded NCR Corporation from a “c+” rating to a “b” rating in a report on Thursday, July 20th. Royal Bank Of Canada reiterated a “buy” rating on shares of NCR Corporation in a report on Sunday, July 16th. Benchmark Co. reiterated a “buy” rating and issued a $55.00 target price on shares of NCR Corporation in a report on Friday, July 21st. Finally, Compass Point assumed coverage on NCR Corporation in a report on Tuesday, July 18th. They issued a “buy” rating and a $48.00 target price on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $47.67.
NCR Corporation Company Profile
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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