NCR Corporation (NYSE:NCR) is reporting third quarter financial results on Tuesday 27th October 2020, after market close.
According to analysts surveyed by Thomson Reuters, NCR is expected to report 3Q20 income of $ 0.39 per share from revenue of $ 1546.69 million.
For the full year, analysts anticipate top line of $ 6323.01 million, while looking forward to income of $ 1.67 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 6,915.00 million ~ $ 6,984.00 million, where as bottomline are predicted in a range of $ 2.75 ~ $ 2.85 per share
Click Here For More Historical Outlooks Of NCR Corporation
Previous Quarter Performance
NCR Corporation unfold income for the second quarter of $ 0.27 per share, from the revenue of $ 1,484.00 million. The quarterly earnings dropped 64.47 percent while revenues shrunk 13.22 percent compared with the same quarter last year.
Wall street analysts are predicting, NCR to report 2Q20 income of $ 0.21 per share from revenue of $ 1426.23 million. The bottom line results beat street analysts by $ 0.06 or 28.57 percent, at the same time, top line results outshined analysts by $ 57.77 million or 4.05 percent.
Stock Performance
Shares of NCR Corporation traded low $ -0.32 or -1.42 percent on Friday, reaching $ 22.26 with volume of 615.00 thousand shares. NCR Corporation has traded high as $ 22.81 and has cracked $ 22.07 on the downward trend
According to the previous trading day, closing price of $ 22.26, representing a 114.03 % increase from the 52 week low of $ 10.55 and a 37.05 % decrease over the 52 week high of $ 35.87.
The company has a market capital of $ 2.86 billion and is part of the Technology sector and Information Technology Services industry.
Recent Analyst recommendations
- On 13th October 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 25.00 target price.
- On 29th September 2020, upgraded by Stephens to Overweight from Equal-Weight rating, with $ 31.00 target price.
Conference Call
NCR Corporation will be hosting a conference call at 4:30 PM eastern time on 27th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.ncr.com
NCR Corporation provides software and services for the financial, retail, hospitality, telecommunications, and technology industries worldwide. The companys Software segment offers industry-based software platforms, applications, and application suites for the financial services, retail, hospitality, and small business industries; and cash management software, video banking software, fraud and loss prevention, check and document imaging, remote-deposit capture, and customer-facing mobile and digital banking applications for the financial services industry. This segment also provides electronic and mobile payment solutions, sector-specific point of sale (POS) software applications, and back-office inventory, and store and restaurant management applications for the retail and hospitality industries; and software support and maintenance, and consulting and implementation services for its software solutions.
