Company Earnings Update 4 minutesRegister for Free Access

NCR (NYSE: NCR) 1Q19 Results: Revenues and EPS in Line, Investing in Digital Growth Programs Plus Recurring Revenue

Executive Summary

  • NCR reported 1Q19 revenues of $1.54 billion, up 1.3% and slightly ahead of the consensus estimate. Adjusted EPS was $0.48, down 14.3% and in line with the consensus estimate.
  • Banking revenue increased 5.1% year over year, whereas retail revenue declined 1.9% and hospitality revenue declined 5.4%.
  • The company reaffirmed its 2019 guidance of 1%-2% revenue growth and adjusted EPS guidance of $2.75-$2.85 (up 5%-9%) and in line with the $2.81 consensus estimate.

Please Login to read the full report. Not a member? Register for a free user account.