Cardtronics PLC (CATM) Issues FY17 Earnings Guidance

Cardtronics PLC (NASDAQ:CATM) issued an update on its FY17 earnings guidance on Thursday morning. The company provided EPS guidance of $2.83-3.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.80. The company issued revenue guidance of $1.47-1.50 billion, compared to the consensus revenue estimate of $1.47 billion.

Cardtronics PLC (NASDAQ:CATM) traded down $5.03 on Friday, hitting $17.55. The stock had a trading volume of 2,820,357 shares, compared to its average volume of 482,521. The company has a current ratio of 0.79, a quick ratio of 0.75 and a debt-to-equity ratio of 1.92. The firm has a market cap of $843.23 million, a P/E ratio of 6.50, a P/E/G ratio of 0.54 and a beta of 0.75.

Cardtronics PLC (NASDAQ:CATM) last posted its quarterly earnings results on Thursday, November 2nd. The business services provider reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.10. Cardtronics PLC had a positive return on equity of 27.54% and a negative net margin of 9.37%. The business had revenue of $402.00 million for the quarter, compared to the consensus estimate of $383.97 million. During the same quarter in the prior year, the company earned $0.98 EPS. The business’s revenue was up 22.4% compared to the same quarter last year. equities analysts anticipate that Cardtronics PLC will post 2.62 earnings per share for the current fiscal year.

CATM has been the subject of a number of analyst reports. Bank of America Corporation decreased their price objective on Cardtronics PLC from $48.00 to $40.00 and set a neutral rating for the company in a research note on Friday, July 7th. Zacks Investment Research cut Cardtronics PLC from a hold rating to a strong sell rating in a research note on Tuesday, July 18th. William Blair cut Cardtronics PLC from an outperform rating to a market perform rating in a research note on Monday, September 25th. Finally, Lake Street Capital cut Cardtronics PLC from a buy rating to a hold rating and decreased their price objective for the stock from $40.00 to $31.00 in a research note on Tuesday, September 26th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of $41.00.

COPYRIGHT VIOLATION NOTICE: “Cardtronics PLC (CATM) Issues FY17 Earnings Guidance” was first published by Community Financial News and is the property of of Community Financial News. If you are viewing this piece on another domain, it was stolen and reposted in violation of United States & international copyright and trademark legislation. The original version of this piece can be accessed at https://www.com-unik.info/2017/11/03/cardtronics-plc-catm-issues-fy17-earnings-guidance.html.

About Cardtronics PLC

Cardtronics plc, formerly Cardtronics, Inc, provides automated consumer financial services through its network of automated teller machines (ATMS) and multi-function financial services kiosks. The Company’s operations consists of its North America, Europe, and Corporate & Other segments. Its ATM operations in the United States, Canada, Mexico and Puerto Rico are included in its North America segment.

Earnings History and Estimates for Cardtronics PLC (NASDAQ:CATM)

What are top analysts saying about Cardtronics PLC? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Cardtronics PLC and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit