Cardtronics Q2 Adj. Profit Tops View; Lifts FY14 Outlook - Quick Facts

(RTTNews) - Cardtronics Inc. (CATM) Wednesday reported second-quarter net income attributable to controlling interests and available to common stockholders of $14.0 million or $0.31 per share, compared to $15.3 million or $0.33 per share in the comparable quarter last year.

Adjusted net income for the quarter was $27.4 million or $0.61 per share, up from $21.7 million or $0.49 per share in the year-ago period. On average, seven analysts polled by Thomson Reuters expected the company to earn $0.58 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues improved 25 percent to $260.03 million from $207.98 million last year, while seven analysts expected revenues of $250.37 million.

Looking ahead to the fiscal year 2014, the company now expects adjusted earnings to be in the range of $2.28 to $2.32 per share and revenues in a range of $1.01 billion to $1.02 billion. Analysts currently expect the company to report full-year earnings of $2.27 per share on revenues of $1.00 billion.

Earlier, the company expected 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.