Heartland Payment Systems Q2 Profit Rises - Quick Facts

(RTTNews) - Heartland Payment Systems, Inc. (HPY) reported that its second-quarter net income attributable to company increased to $19.68 million or $0.53 per shre, from $17.80 million or $0.44 per share, last year.

Adjusted net income was $23.1 million or $0.62 per share for the quarter ended June 30, 2013. On average, 16 analysts polled by Thomson Reuters expected the company to report profit per share of $0.50 for the quarter.

Total revenues increased to $546.62 million from $515.22 million, last year.

For full year 2013, the company continues to expect net revenue to be between approximately $600 million and $610 million. Adjusted earnings are expected to be between $2.29 and $2.33 per share. Analysts expect the company to report profit per share of $1.94 on revenue of $607.53 million.

The company also announced that its Board has declared a quarterly dividend of $0.07 per common share payable September 13, 2013 to shareholders of record on August 23, 2013.