NCR Atleos (NYSE:NATL) Posts Earnings Results

Key Points

• NCR Atleos reported earnings of $0.93 per share, surpassing analysts' expectations of $0.84 by $0.09, with a year-over-year revenue increase of 2.2%.
• The stock price of NCR Atleos closed at $37.11, with a market capitalization of $2.72 billion and a P/E ratio of 21.09.
• Analysts upgraded NCR Atleos from a "hold" rating to a "buy" rating, indicating increased confidence in the company's future performance.

NCR Atleos (NYSE:NATL - Get Free Report) announced its earnings results on Saturday. The company reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.84 by $0.09, Briefing.com reports. NCR Atleos's revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.39 EPS.

NCR Atleos Stock Performance

Shares of NATL stock traded down $0.27 during trading hours on Friday, reaching $37.11. 1,135,423 shares of the stock were exchanged. The stock has a market cap of $2.72 billion, a PE ratio of 21.09 and a beta of 1.02.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of NCR Atleos from a "hold" rating to a "buy" rating in a research note on Saturday.

About NCR Atleos

NCR Atleos Corporation operates as a financial technology company in the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Self-Service Banking, Network, and Telecommunications & Technology (T&T). The Self-Service Banking segment offers solutions, including a line of automated teller machine (ATM) and interactive teller machine (ITM) hardware and software, as well as related installation, maintenance, and managed and professional services; and solutions to manage and run the ATM channel end-to-end for financial institutions comprising back office, cash management, software management and ATM deployment, and others.

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