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.

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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)

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