Total System Services Earnings: Here’s Why Shares are Up Now

Total System Services, Inc. (NYSE:TSS) delivered a profit and beat Wall Street’s expectations, BUT 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 up 3.92%.

Total System Services, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 2.86% to $0.34 in the quarter versus EPS of $0.35 in the year-earlier quarter.

Revenue: Rose 3.4% to $478.4 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Total System Services, Inc. reported adjusted EPS income of $0.34 per share. By that measure, the company beat the mean analyst estimate of $0.33. It missed the average revenue estimate of $481.5 million.

Quoting Management: There was no comment from the management.

Key Stats (on next page)…

Revenue increased 2.88% from $465 million in the previous quarter. EPS increased 3.03% from $0.33 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.37 to a profit $0.39. For the current year, the average estimate has moved up from a profit of $1.42 to a profit of $1.45 over the last ninety days.

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