DAYTON, Ohio: NCR Corp. announced July 12 that its second-quarter earnings are likely to exceed expectations.
The company now expects second-quarter earnings of at least 64 cents per share, which includes non-operational items that benefited NCR's results. Second-quarter revenue is expected to hit approximately $1.47 billion, a 1 percent increase from 2Q '04 — 2Q '04 earnings were 19 cents per share.
Foreign currency fluctuations benefited year-over-year growth, as did stronger-than-anticipated profitability in the Teradata Data Warehousing and Customer Services businesses, which offset lower-than-expected revenue and profitability in the Financial Self Service business.
NCR blamed timing for international-market growth and currency fluctuations for poor results from the Financial Self Service business.
Expected 2005 full-year earnings per share are expected to fall between $1.68 and $1.73, which includes non-operational items. Earnings per share in 3Q '05 are expected to be between 28 cents 33 cents.
