logo
Share SHARE
FONT-SIZE Plus   Neg

Diebold Q1 Profit Rises; Lifts FY12 Outlook - Quick Facts

Diebold Inc. (DBD) reported that its first-quarter net income attributable to the company was $45.2 million, or $0.71 per share, up from $2.5 million, or $0.04 per share in the year ago quarter.

Non-GAAP income from continuing operations attributable to the company, net of tax, in the first quarter 2012 was $0.74 per share, compared with $0.23 per share from the first quarter 2011.

Revenue for the quarter was $698.49 million, up 13.7% from $614.16 million in the first quarter 2011.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.34 per share on revenues of $648.73 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead for fiscal 2012, the company now expects GAAP earnings to be in the range of $2.38 - $2.61 per share, compared to prior outlook of $2.18 - $2.41 per share.

The company raised its fiscal 2012 non-GAAP earnings outlook to a range of $2.50 - $2.70 per share, from the prior outlook of $2.30 - $2.50 per share.

The company now expects total revenue growth of 7% to 10%. Previously, the company expected total revenue growth of 3% to 6%.

Analysts expect the company to report earnings of $2.44 per share on revenues of $2.97 billion for fiscal 2012.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Reports that Gary Cohn is considering resigning as President Donald Trump's top economic advisor have weighed on Wall Street, although the White House has denied the claims. Cohn, former president and chief operating officer of Goldman Sachs (GS), currently serves as the Director of the National Economic Council. A Pennsylvania woman has sued Chick-fil-A after she claimed a dead rodent was found baked into her chicken sandwich. Ellen Manfalouti of Northampton has filed a lawsuit in Bucks County Court against Chick-fil-A, seeking more than $50,000 for the physical and psychological damages that she endured after the incident occurred. Early Uber investor Shervin Pishevar has alleged that venture capital firm Benchmark Capital is seeking to remove Arianna Huffington from the ride-hailing company's board of directors. Pishevar also accused Benchmark of holding Uber hostage by threatening to block investments in the company and urged it to step down from Uber's board of directors.
comments powered by Disqus
Follow RTT