NCR Announces Second Quarter 2018 Results
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NCR Corp. (NCR) Tops Q2 EPS by 2c, Cuts FY Guidance
July 26, 2018 4:41 PM EDTNCR Corp. (NYSE: NCR) reported Q2 EPS of $0.65, $0.02 better than the analyst estimate of $0.63. Revenue for the quarter came in at $1.54 billion versus the consensus estimate of $1.59 billion.
GUIDANCE:
NCR Corp. sees FY2018 EPS of $2.55-$2.75, versus the consensus of $3.31.
We are reducing our full year 2018 guidance. The execution challenges surrounding product introductions, including supply chain constraints, is negatively impacting our revenue and costs versus our previous expectations. We are focused on improving execution in the current year to benefit 2019. Foreign currency has negatively impacted our revenue guidance by approximately... More
