NCR Announces 2017 Guidance; To Repurchase $300 Mln Of Shares In 2017

(RTTNews) - NCR Corp. (NCR) announced, in 2017, the company's revenue is expected to be $6.60 billion to $6.72 billion, up 1% to 3% as reported and 5% to 7% adjusted constant currency. GAAP earnings per share is expected to be $2.56 to $2.69, up 42% to 49%, and non-GAAP earnings per share is expected to be $3.25 to $3.35, up 9% to 12% constant currency.

For the first quarter of 2017, revenue is expected to be $1.45 billion to $1.47 billion, GAAP earnings per share is expected to be $0.17 to $0.25, and non-GAAP earnings per share is expected to be $0.43 to $0.48.

During 2017, NCR plans to repurchase approximately $300 million of its common stock under its previously authorized share repurchase programs. NCR has repurchased shares of its common stock for approximately $70 million through the date of the announcement.