) is set to report first quarter 2013 results on April 30. Last
quarter it posted a 4.35% negative surprise. Let's see how things
are shaping up for this announcement.
Growth Factors This Past Quarter
NCR is one of the largest manufacturers of ATMs, Point-of-sale
devices, cash dispensers and also serves various self service
kiosks. The fourth-quarter results of the company were up to the
mark, as the company projected revenues across segments.
The company is slowly expanding its reach across different
geographical region, extended NCR's growing exposures into ATM
and self service kiosks with new products at regular interval,
given tremendous growth prospects in the respective markets. On
the other hand, the company is facing some good competition
mostly in the ATM market, and is also generating low business
from the European region, and has some high debt burden.
Our proven model does not conclusively show that NCR is likely
to beat earnings this quarter. That is because a stock needs to
have both a positive Earnings ESP and a Zacks Rank of #1, 2 or 3
for this to happen. That is not the case here as you will see
That is because the Most Accurate estimate stands at $0.40 in
line with the Zacks Consensus Estimate is lower at $0.40.
Zacks #2 Rank (Buy):
NCR Corporation has a Zacks #2 Rank (Buy). NCR's Zacks Rank #2
(Buy) when combined with an ESP of 0.00% makes surprise
prediction difficult. We caution against stocks with Zacks Ranks
#4 and #5 (Sell rated stocks) going into the earnings
announcement, especially when the company is seeing negative
estimate revisions momentum.
Other Stocks to Consider
You can also consider other stocks that are going to report
this earnings season and have positive Zacks Ranks and Expected
Surprise Prediction or ESP (
Zacks Earnings ESP: A Better Method
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NCR CORP-NEW (NCR): Free Stock Analysis
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), Earnings ESP of 3.03% and Zacks #2 Rank (Buy)
), Earnings ESP of 12.50% and Zacks #2 Rank (Buy)
), Earnings ESP of 2.70% and Zacks #2 Rank (Buy)