NCR Atleos Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

NCR Atleos (NYSE:NATL) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$1.08b (up 1.0% from 3Q 2023).
• Net income: US$24.0m (up from US$58.0m loss in 3Q 2023).
• Profit margin: 2.2% (up from net loss in 3Q 2023).
• EPS: US$0.33 (up from US$0.82 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

NCR Atleos Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 31%.

Looking ahead, revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Diversified Financial industry in the US.

Performance of the American Diversified Financial industry.

The company's shares are up 3.7% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for NCR Atleos (1 is significant!) that you need to take into consideration.

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