NCR Increases 2016 Revenue Guidance, Reaffirms Earnings Guidance - Quick Facts

(RTTNews) - NCR Corp. (NCR) announced the company now expects 2016 revenue to be $6.325 billion to $6.400 billion, compared to previous guidance of $6.25 billion to $6.35 billion. The company continues to expect non-GAAP earnings per share to be $2.90 to $3.00. Analysts polled by Thomson Reuters expect the company to report profit per share of $2.93 on revenue of $6.29 billion. Analysts' estimates typically exclude special items.

For the third quarter of 2016, the company expects revenue to be $1.62 billion to $1.64 billion, and non-GAAP earnings per share to be $0.77 to $0.82. Analysts polled by Thomson Reuters expect the company to report profit per share of $0.87 on revenue of $1.59 billion.

For the second-quarter, revenue was $1.62 billion, up 1% year-over-year. On an adjusted constant currency basis, second quarter revenue was up 4%. Second quarter GAAP profit per share was $0.49 compared to a loss of $2.03 in the second quarter in 2015. Second quarter non-GAAP EPS was $0.72, up from $0.66 in the second quarter in 2015.