Cardtronics Q4 Adj. Profit Tops View - Quick Facts

(RTTNews) - Cardtronics Inc. (CATM) Thursday reported fourth-quarter net income of $7.5 million or $0.16 per share, compared to $11.2 million or $0.25 per share in the comparable quarter last year.

Adjusted net income for the quarter was $21.7 million or $0.49 per share, up from $18.3 million or $0.41 per share in the year-ago period. On average, seven 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 22 percent to $241.95 million from $198.36 million last year. Analysts expected revenues of $233.83 million.

Looking ahead to the fiscal year 2014, the company expects 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. Analysts currently expect the company to report full-year earnings of $2.26 per share on revenues of $990.62 million.