NCR Atleos Corp reports results for the quarter ended June 30 - Earnings Summary

• NCR Atleos Corp NATL.N reported quarterly adjusted earnings of 93 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 81 cents. The mean expectation of five analysts for the quarter was for earnings of 84 cents per share. Wall Street expected results to range from 80 cents to 88 cents per share.

• Revenue rose 2.1% to $1.10 billion from a year ago; analysts expected $1.08 billion.

• NCR Atleos Corp's reported EPS for the quarter was 60 cents​.

• The company reported quarterly net income of $45 million.

• NCR Atleos Corp shares had risen by 11.7% this quarter and lost 6.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 19.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the financial technology (fintech) peer group is also "buy"

• Wall Street's median 12-month price target for NCR Atleos Corp is $35.00, about 7.1% above its last closing price of $32.50

This summary was machine generated from LSEG data August 6 at 09:57 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)