Cardtronics Q2 Profit Rises, Lifts FY13 Outlook - Quick Facts

(RTTNews) - Cardtronics Inc. (CATM) Wednesday reported second-quarter profit of $15.33 million or $0.33 per share, up from $9.66 million or $0.21 per share in the comparable quarter last year.

Adjusted earnings for the quarter was $0.49 per share. On average, seven analysts polled by Thomson Reuters expected the company to earn $0.42 per share for the quarter. Analysts; estimates typically exclude special items.

Revenues improved 8 percent to $208.0 million from $192.0 million last year. Analysts expected revenues of $207.70 million.

ATM operating revenues totaled $203.6 million, up 12 percent from $181.6 million last year.

Looking ahead to the fiscal year 2013, the company has raised its adjusted earnings outlook to a range of $1.79 to $1.84 per share from its previous range of $1.72 to $1.79 per share.

Revenues are projected in a range of $825.0 million to $840.0 million, up from $835 million to $850 million, issued previously. Analysts currently expect the company to report full-year earnings of $1.76 per share on revenues of $837.68 million.