Diebold, Incorporated (DBD) Releases FY17 Earnings Guidance

Diebold, Incorporated (NYSE:DBD) issued an update on its FY17 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $1.05-1.15 for the period, compared to the Thomson Reuters consensus estimate of $0.97. The company issued revenue guidance of $4.6 billion, compared to the consensus revenue estimate of $4.74 billion.

Diebold, Incorporated (DBD) traded down 1.30% on Wednesday, reaching $19.05. The company’s stock had a trading volume of 546,540 shares. The company’s market cap is $1.44 billion. The stock’s 50 day moving average price is $21.79 and its 200 day moving average price is $23.79. Diebold, Incorporated has a 12 month low of $17.95 and a 12 month high of $31.85.

Diebold, (NYSE:DBD) last announced its earnings results on Tuesday, October 31st. The technology company reported $0.58 EPS for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.40. Diebold, had a negative net margin of 6.04% and a positive return on equity of 7.25%. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same period in the prior year, the company earned $0.34 earnings per share. The firm’s revenue was up 14.2% on a year-over-year basis. Equities research analysts forecast that Diebold, Incorporated will post $0.99 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Friday, November 17th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $0.40 dividend on an annualized basis and a yield of 2.07%. Diebold,’s dividend payout ratio is currently -10.90%.

DBD has been the subject of a number of analyst reports. Lake Street Capital reduced their price objective on shares of Diebold, from $38.00 to $30.00 and set a buy rating for the company in a research note on Thursday, July 6th. Imperial Capital set a $24.00 price objective on shares of Diebold, and gave the stock a hold rating in a research note on Tuesday, October 17th. Credit Suisse Group reissued an outperform rating on shares of Diebold, in a research note on Tuesday, September 5th. BidaskClub cut shares of Diebold, from a sell rating to a strong sell rating in a research note on Saturday, August 5th. Finally, KeyCorp reissued a hold rating on shares of Diebold, in a research note on Friday, October 20th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. Diebold, presently has an average rating of Hold and a consensus target price of $28.00.

In other news, Director Gale S. Fitzgerald acquired 5,000 shares of Diebold, stock in a transaction dated Wednesday, August 23rd. The stock was purchased at an average cost of $18.14 per share, with a total value of $90,700.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Henry D. G. Wallace acquired 10,000 shares of Diebold, stock in a transaction dated Monday, August 21st. The stock was purchased at an average cost of $19.08 per share, with a total value of $190,800.00. The disclosure for this purchase can be found here. Corporate insiders own 1.37% of the company’s stock.

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About Diebold,

Diebold Nixdorf, Incorporated provides connected commerce services, software and technology. The Company’s geographic segments include North America (NA), Asia Pacific (AP), Europe, Middle East and Africa (EMEA), and Latin America (LA). These segments sell and service financial self-service (FSS), retail solutions and security systems.

Earnings History and Estimates for Diebold, (NYSE:DBD)

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