CardtronicsInc. has updated its full-year 2016 guidance and now expectsrevenues of $1.25 billion to $1.27 billion, compared with its estimate of $1.24billion to $1.27 billion.
For the same period, adjusted EBITDA should be $320 millionto $328 million, compared with $315 million to $325 million as previouslyexpected. Adjusted net income per share should be $3.08 to $3.18, compared withits previous estimate of $3.00 to $3.13. The adjusted EBITDA and adjusted netincome guidance excludes the impact of certain expenses.
The S&P Global Market Intelligence consensus normalizedEPS estimate for the year is $3.12.
Cardtronics reported first-quarter net income attributableto controlling interests and available to common stockholders of $15.4 million,or 34 cents per share, compared with $15.2 million, or 34 cents per share, inthe prior-year quarter. Adjusted net income for the quarter was $31.3 million,or 68 cents per share, compared with $29.0 million, or 64 cents per share, inthe year-ago period, according to an April 28 news release.
The S&P Global Market Intelligence consensus normalizedEPS estimate for the first quarter was 65 cents.