Diebold Incorporated Earnings: Everything Investors Need to Know Now

Diebold, Incorporated (NYSE:DBD) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down 0.3%.

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Diebold, Incorporated Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 15.38% to $0.45 in the quarter versus EPS of $0.96 in the year-earlier quarter.

Revenue: Decreased 1.17% to $840.08 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Diebold, Incorporated reported adjusted EPS income of $0.45 per share. By that measure, the company missed the mean analyst estimate of $0.48. It missed the average revenue estimate of $845.61 million.

Quoting Management: “The 2012 results and the present outlook for 2013 are disappointing, and we need to improve,” said Henry D.G. Wallace, Diebold executive chairman. “Recently, we named George S. Mayes, Jr. to the newly created position of chief operating officer. George has a strong track record of operational excellence, and together we are committed to improving our financial position in the short term, as well as initiating longer-term structural improvements throughout our global operations. This will be undertaken with a sense of urgency without jeopardizing our ability to provide outstanding products and services.”

Key Stats (on next page)…

Revenue increased 18.33% from $709.92 million in the previous quarter. EPS increased 15.38% from $0.39 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.45 to a profit $0.34. For the current year, the average estimate has moved down from a profit of $2.27 to a profit of $2.1 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)