Tuesday, September 6, 2016

VeriFone Systems Inc. (PAY) Dropped To A New Low On Disappointing Guidance

VeriFone Systems Inc. (PAY) reported fourth quarter EPS of $0.42 after the bell Thursday, down from $0.47 in the previous year. Analysts expected EPS of $0.40. The company expects to report first quarter EPS of $0.28 to $0.29 and full year EPS of $1.64 to $1.65. The consensus estimates are for EPS of $0.50 and $2.12.

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