Revenue Update on Diebold Inc(NYSE:DBD)

Diebold Inc(NYSE:DBD) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $580.00M. Analysts estimated a revenue of $594.01M. Earnings per share were $0.43. Analysts had estimated an EPS of $0.21.

In a different note, On Jul 5, 2016, Pacific Crest said it Reinstates its rating on Diebold Inc. The shares have been rated ‘Sector Weight’ by the firm. On May 3, 2016, Imperial Capital said it Maintains its rating on Diebold Inc. In the research note, the firm Lowers the price-target to $32.00 per share. The shares have been rated ‘In-line’ by the firm.

Diebold Inc (DBD) shares turned negative on Thursdays trading session with the shares closing down -0.13 points or -0.48% at a volume of 5,52,017. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $27.18. The peak price level was also seen at $27.18 while the days lowest was $26.66. Finally the shares closed at $26.72. The 52-week high of the shares is $37.98 while the 52-week low is $22.84. According to the latest information available, the market cap of the company is $1,742 M.

Several Insider Transactions has been reported to the SEC. On May 26, 2016, Phillip R Cox (director) sold 3,534 shares at $24.00 per share price.Also, 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.

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