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
Wal-Mart Stores, Inc. (WMT) Tuesday said nearly half of its orders since Thanksgiving have been placed on a mobile device, double compared to last year. Star Wars toys, 4K HDTVs 50-55", drones, Xbox One and PS4 video game bundles, iPad Minis and 14-ft. trampolines were among the categories that gained... Customers of Time Warner Cable in Midwest experienced outages that lasted around two hours on Monday evening, as Americans were busy making their last minute online purchases on Cyber Monday. In a very quiet move that would have gone unnoticed but for a scrutiny into the LinkedIn profile, Google has lapped up Robert Rose, former autopilot software engineering manager of Tesla, as part of the company's Google Robotics unit.
comments powered by Disqus
Trade DBD now with 
Follow RTT