Cardtronics Q1 Adj. Profit Tops View - Quick Facts

(RTTNews) - Cardtronics Inc. (CATM) Monday reported first-quarter net income attributable to controlling interests and available to common stockholders of $9.6 million or $0.21 per share, compared to $9.4 million or $0.21 per share in the comparable quarter last year.

Adjusted net income for the quarter was $22.8 million or $0.51 per share, up from $18.0 million or $0.40 per share in the year-ago period. On average, six analysts polled by Thomson Reuters expected the company to earn $0.47 per share for the quarter. Analysts; estimates typically exclude special items.

Revenues improved 24 percent to $245.07 million from $197.74 million last year. Analysts expected revenues of $235.89 million.

Looking ahead to the fiscal year 2014, the company now expects adjusted earnings to be in the range of $2.24 to $2.29 per share and revenues in a range of $990.0 million to $1.01 billion. Analysts currently expect the company to report full-year earnings of $2.25 per share on revenues of $992.99 million.

Earlier, the company expected adjusted earnings to be in the range of $2.20 to $2.27 per share and revenues in a range of $980.0 million to $1 billion.