U.S. Markets close in 1 min

Cardtronics: 4Q Earnings Snapshot

HOUSTON (AP) _ Cardtronics Inc. (CATM) on Thursday reported a fourth-quarter loss of $6.1 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Houston-based company said it had a loss of 13 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 47 cents per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.

The ATM operator posted revenue of $327.9 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $317.8 million.

For the year, the company reported net income of $3.7 million, or 8 cents per share, swinging to a profit in the period. Revenue was reported as $1.35 billion.

Cardtronics expects full-year earnings in the range of $1.94 to $2.05 per share, with revenue in the range of $1.31 billion to $1.35 billion.

Cardtronics shares have decreased slightly since the beginning of the year. In the final minutes of trading on Thursday, shares hit $25.99, a rise of 11 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CATM at https://www.zacks.com/ap/CATM