NCR Corp. Q3 Profit Increases, beats estimates

NCR Corp. (NCR) released a profit for its third quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $69 million, or $0.46 per share. This compares with $8 million, or $0.06 per share, in last year's third quarter.

Excluding items, NCR Corp. reported adjusted earnings of $0.80 per share for the period.

Analysts on average had expected the company to earn $0.77 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.7% to $1.97 billion from $1.90 billion last year.

NCR Corp. earnings at a glance (GAAP) :

-Earnings (Q3): $69 Mln. vs. $8 Mln. last year.
-EPS (Q3): $0.46 vs. $0.06 last year.
-Analyst Estimate: $0.77
-Revenue (Q3): $1.97 Bln vs. $1.90 Bln last year.

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