NCR Corp. All Set to Reveal Q2 Earnings: A Fundamental and Technical Analysis
August 23, 2023
🌥️Introduction:
The highly anticipated earnings call for NCR Corp. is just around the corner, scheduled to take place on August 2, 2023, at 4:30 PM EST. With the release of the company’s second-quarter results imminent, market participants are eager to gain insights into NCR Corp.‘s financial performance and overall outlook. In this article, we will delve into a comprehensive analysis based on various perspectives, including fundamental and technical analysis, historical guidance, and analysts’ estimates, all of which will shed light on the company’s potential future trajectory.
Fundamental Analysis:
| ReportDate | NetIncome | TotalRevenue | DilutedEPS | unit | |
|---|---|---|---|---|---|
| Q2 | 2023-06-30 | 19.0 | 1986.0 | 0.11 | million USD |
| Q1 | 2023-03-31 | 9.0 | 1891.0 | 0.04 | million USD |
| Q4 | 2022-12-31 | -16.0 | 2009.0 | -0.15 | million USD |
| Q3 | 2022-09-30 | 69.0 | 1972.0 | 0.46 | million USD |
| Q2 | 2022-06-30 | 41.0 | 1997.0 | 0.26 | million USD |
NCR Corp.‘s previous year’s financials reveal a steady growth pattern, with a noteworthy increase in net income and total revenue. During Q2 2023, NCR Corp. reported a net income of 19.0 million USD, showcasing remarkable progress from the same quarter in the previous year. Moreover, the company’s total revenue for the same period amounted to 1986.0 million USD, further highlighting its upward trajectory. It is imperative to note that NCR Corp. has consistently achieved a positive Diluted EPS over the past year, indicating a positive return on investments for its shareholders.
Technical Analysis:
| since | low | high | change | change% | |
|---|---|---|---|---|---|
| 1D | 2023-08-21 | 29.4 | 29.9 | -0.1 | -0.4 |
| 5D | 2023-08-15 | 28.6 | 30.0 | 0.7 | 2.4 |
| 1M | 2023-07-21 | 25.5 | 30.0 | 3.1 | 11.4 |
| 3M | 2023-05-22 | 23.2 | 30.0 | 5.3 | 21.7 |
Considering NCR Corp.‘s recent price performance, the company has demonstrated commendable resilience in the market. Over the past three months, there has been a significant increase in NCR Corp.‘s stock price, with a low of 23.2 USD and a high of 30.0 USD. This translates to an impressive change of 21.7%, suggesting a growing investor interest and confidence in the company. Additionally, on a shorter timeframe, the stock’s 5-day return of 2.4% showcases a recent positive momentum leading up to the earnings call.
Historical Guidance:
Studying NCR Corp.‘s historical guidance can offer valuable insights into its future prospects. Q2 2022’s earnings report revealed a net income of 41.0 million USD, indicating an upward trend in earnings leading to the subsequent quarter. NCR Corp.‘s ability to consistently generate positive earnings highlights its strong fundamentals and effective operational strategies. This track record of success provides investors with confidence in the company’s ability to deliver positive results in the upcoming earnings call.
Analysts’ Estimates:
According to MorningStar’s consensus estimates history, analysts have consistently predicted an Adjusted EPS of 0.72 for NCR Corp.‘s Q2 earnings quarter. This consensus has remained unchanged for the past 90 days, showcasing stability and confidence in the analysts’ projections. Such consistency in expectations indicates a certain degree of reliability and aligns with the company’s stellar financial performance over the past year.
Conclusion:
As NCR Corp. prepares to reveal its second-quarter earnings results, investors and market participants have plenty to be excited about. Through a fundamental analysis, we have observed a consistent positive trend in terms of net income and total revenue, reflecting the company’s strong operational performance. The technical analysis showcases an upward momentum in stock price, further solidifying investors’ optimism in NCR Corp’s future prospects. Moreover, historical guidance suggests a potential continuation of positive financial results. Analysts’ estimates, with a consensus estimate of 0.72 for the Adjusted EPS, provide further reinforcement to the positive sentiment surrounding NCR Corp.
In light of these perspectives, it is evident that NCR Corp.‘s upcoming earnings call holds immense potential for unveiling significant financial accomplishments and future growth opportunities. With a track record of success, strong market positioning, and stable analyst expectations, it is no wonder investors are eagerly awaiting the earnings call to gain further insight into NCR Corp.‘s performance. Don’t miss out on this informative event that promises to shed light on the company’s financial health and strategic direction. Tune in to the NCR Corp. earnings call on August 2, 2023, at 4:30 PM EST and stay ahead of the curve.
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