NCR (NYSE:NCR) issued its quarterly earnings results on Thursday. The information technology services provider reported $0.92 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.05, Bloomberg Earnings reports. NCR had a return on equity of 84.72% and a net margin of 5.11%. The firm had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.75 billion. During the same period in the previous year, the business earned $1.07 earnings per share. The firm’s revenue for the quarter was down 1.1% on a year-over-year basis. NCR updated its Q1 guidance to $0.41-0.47 EPS and its FY18 guidance to $3.30-3.45 EPS.
Shares of NCR (NCR) traded down $0.90 during trading hours on Thursday, reaching $33.51. The company’s stock had a trading volume of 2,295,088 shares, compared to its average volume of 1,250,000. The company has a current ratio of 1.42, a quick ratio of 1.01 and a debt-to-equity ratio of 3.86. The stock has a market cap of $4,080.00, a PE ratio of 22.95 and a beta of 1.83. NCR has a 12 month low of $29.20 and a 12 month high of $49.90.
In other NCR news, EVP J. Robert Ciminera sold 1,937 shares of the company’s stock in a transaction on Tuesday, January 23rd. The stock was sold at an average price of $37.36, for a total value of $72,366.32. Following the completion of the sale, the executive vice president now directly owns 6,802 shares in the company, valued at approximately $254,122.72. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 1.00% of the stock is owned by corporate insiders.
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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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