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Cardtronics adjusts FY'17 guidance

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Cardtronics adjusts FY'17 guidance

Cardtronics plc raised its full-year 2017 GAAP net income guidance to a range of $47 million to $54 million, up from previous guidance of $45 million to $50 million.

The company maintained revenue guidance in a range of $1.45 billion to $1.5 billion. Adjusted net income is still expected to be in the range of $130 million to $139 million, or $2.80 per share to $3.00 per share.

The S&P Capital IQ consensus normalized EPS estimate for 2017 is $2.83.

The company booked second-quarter net income of $15.2 million, or 33 cents per share, down from $20.1 million, or 44 cents per share, in the year-ago period.

Adjusted net income came in at $35.0 million, or 76 cents per share, versus $36.8 million, or 80 cents per share, in the 2016 period.

The S&P Capital IQ consensus normalized EPS estimate for the period was 72 cents.