NCR Corp.on April 26 provided guidance for the second quarter and updated its outlook forthe full year.
For the second quarter, NCR expects revenue to be between $1.56billion and $1.58 billion. GAAP diluted EPS is expected to be in the range of 42cents to 47 cents, and non-GAAP diluted EPS is expected to be in the range of 60cents to 65 cents.
The S&P Capital IQ consensus normalized EPS estimate forthe second quarter is 71 cents.
For full year 2016, NCR now anticipates revenue to be in therange of $6.25 billion to $6.35 billion, compared to the previous guidance of $6.1billion to $6.2 billion. GAAP diluted EPS is expected to be $2.25 to $2.35, comparedto the previous guidance of $2.20 to $2.30. Non-GAAP diluted EPS is expected tobe $2.90 to $3.00, versus the previous guidance of $2.85 to $2.95.
The company still expects free cash flow for the full year tobe between $425 million and $475 million.
The S&P Capital IQ consensus normalized EPS estimate for2016 is $2.89.
The earnings outlooks include the impact of the pending divestitureof the Interactive Printer Solutions business, expected foreign currency headwindsand ongoing pension expense.