Diebold Inc (DBD) Releases Earnings Results, Beats Expectations By $0.23 EPS

Diebold Inc (DBD) reported quarterly earnings results on Thursday, Jul-28-2016. The company said it had a profit of $0.43 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.23. Analysts had a consensus of $0.20. The company posted revenue of $580.00 million in the period, compared to analysts expectations of $594.01 million. The company’s revenue was down -10.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.44 EPS.

Many Wall Street Analysts have commented on Diebold Inc. Diebold Inc was Resumed by Pacific Crest to “Sector Weight” on Jul 5, 2016. Shares were Reiterated by Imperial Capital on May 3, 2016 to “In-line” and Lowered the Price Target to $ 29 from a previous price target of $32 .

Diebold Inc opened for trading at $26.32 and hit $28.67 on the upside on Thursday, eventually ending the session at $28.34, with a gain of 8.50% or 2.22 points. The heightened volatility saw the trading volume jump to 14,57,609 shares. Company has a market cap of $1,846 M.

In a different news, on May 26, 2016, Phillip R Cox (director) sold 3,534 shares at $24.00 per share price. According to the SEC, on Feb 18, 2016, Sheila M Rutt (VP, Chief HR Officer) sold 419 shares at $24.44 per share price. On Feb 16, 2016, Andreas W Mattes (President and CEO) sold 3,555 shares at $23.25 per share price, according to the Form-4 filing with the securities and exchange commission.

Diebold Incorporated provides financial self-service (FSS) delivery integrated services and software and security systems to the financial commercial retail and other markets. The Company operates through five segments: North America (NA) Asia Pacific (AP) Europe Middle East and Africa (EMEA) Latin America (LA) and Brazil. The Company has two lines of business: FSS and Security Solutions which the Company integrates based on its customers’ needs. Its FSS solutions include self-service support and managed services self-service products and self-service software. The Company’s Security Solutions include electronic security products monitoring and services and physical security and facility products. The Company supplies automated teller machines (ATMs) and related services across the world. It also provides design installation maintenance and monitoring of electronic security systems to financial commercial retail and other customers.

Diebold Inc

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