NCR now expects
full-year earnings per share of $2.04 or more. NCR's previous earnings
expectation for full-year 2006 was $1.90 to $1.95, which included $0.04 of
expense related to an early retirement program in the first quarter of 2006.
Excluding the early retirement expense, NCR's earnings per share for full-year
2006 is expected to be $2.08, or more.
NCR expects to
report fourth-quarter revenue of more than $1.8 billion, an increase of 5
percent from the fourth quarter of 2005. The year-over-year revenue comparison
is expected to include the benefit of 2 percentage points from foreign currency
fluctuations.
On an annual
basis, NCR expects to generate revenue of more than $6.1 billion, an increase of
roughly 2 percent from 2005. The year-over-year revenue comparison is not
expected to be affected by foreign currency fluctuations.
NCR expects
2007 earnings per share of $2.40 to $2.50. This earnings forecast does not
reflect changes or charges related to the recently announced spin off of the
company's Teradata Data Warehousing business, or charges associated with the
restructuring of the company's Financial Self Service manufacturing operations.
NCR will report
its finalized fourth-quarter and full-year 2006 results on Jan. 25, 2007. The
company will provide more detailed information regarding its 2006 results and
its outlook for 2007 during a conference call scheduled for 10:00 a.m. (ET) that
day.