Investing.com - NCR (NYSE:NCR) reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
NCR announced earnings per share of $0.31 on revenue of $1.5B. Analysts polled by Investing.com anticipated EPS of $0.33 on revenue of $1.5B. That with comparison to EPS of $0.48 on revenue of $1.54B in the same period a year before. NCR had reported EPS of $0.85 on revenue of $1.89B in the previous quarter. Analysts are expecting EPS of $0.36 and revenue of $1.46B in the upcoming quarter.
NCR shares are down 41.38% from the beginning of the year , still down 42.54% from its 52 week high of $35.87 set on January 17. They are under-performing the EUR/USD which is down 0% year to date.
NCR follows other major Technology sector earnings this month
NCR's report follows an earnings beat by Microsoft on Wednesday, who reported EPS of $1.4 on revenue of $35.02B, compared to forecasts EPS of $1.29 on revenue of $33.99B.
Alphabet C had missed expectations on Tuesday with first quarter EPS of $9.87 on revenue of $41.16B, compared to forecast for EPS of $10.26 on revenue of $40.99B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar