Skip to main content

Market Overview

A Catalyst For Cardtronics?

Share:
A Catalyst For Cardtronics?

Cardtronics, Inc. (NASDAQ: CATM), a provider of fully integrated ATMs, cash machines, money machines and bank machine products and services, is scheduled to report its second-quarter results after Thursday's market close.

Wall Street analysts are expecting the company to earn $0.77 per share on revenue of $315.36 million. The company last reported its earnings on April 28 when it earned $0.68 per share on revenue of $303.25 million, exceeding Wall Street's expectations of $0.65 per share and $294.15 million.

Cardtronics' stock has gained more than 30 percent since the start of 2016, but could see further upside the company follows its peers and exceed expectations in its earning print.

Diebold

Diebold Inc (NYSE: DBD), a company engaged in the business of financial self-service and security solutions, saw its stock jump more than 8 percent on Thursday.

Diebold reported its second-quarter earnings before the market open and said that it earned $0.43 per share on revenue of $580 million compared to analyst expectations of $0.20 per share and $594 million.

Related Link: These 4 Credit Cards Have The Most Fees

Diebold cited in its earnings report "strong order acceleration" in North America and Latin America, which was driven by "increased branch transformation and large account activity."

"These orders have resulted in a strong product backlog, which provides a good springboard for the second half of 2016," the company added.

NCR

NCR Corporation (NYSE: NCR) a major player in the financial services sector, reported its second-quarter results on Tuesday.

The company said that it earned $0.72 per share in the second quarter on revenue of $1.62 billion, exceeding Wall Street's estimates of $0.64 per share and $1.56 billion.

NCR noted that its backlog for the back half of 2016 remains "robust," and "all of our business metrics point to a successful year." As such, the company boosted its full year fiscal 2016 sales outlook from a range of $6.25–$6.35 billion to a new range of $6.325–$6.4 billion.

Full ratings data available on Benzinga Pro.

Do you have ideas for articles/interviews you'd like to see more of on Benzinga? Please email feedback@benzinga.com with your best article ideas. One person will be randomly selected to win a $20 Amazon gift card!

 

Related Articles (CATM)

View Comments and Join the Discussion!

Posted-In: ATM Cardtonics Diebold Financial Services ProvidersEarnings Previews Tech Trading Ideas Best of Benzinga