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First Data

(FDC) - Get First Data Corporation Class A Report

reported respectable earnings and revenue results for the third quarter and confirmed guidance within the range of analysts' expectations.

First Data reported third-quarter earnings of $361 million, or 49 cents a share, on revenue of $2.14 billion. The company took a 2-cent restructuring charge. Backed out, the company matched the consensus earnings estimate of 51 cents a share, as compiled by Thomson First Call. Earnings and revenue were up 9% and 10%, respectively, from the year-ago period.

The company also confirmed analysts' expectations that full year earning would be about $1.91 a share on revenue of $8.64 billion.

The company's two main businesses showed solid revenue gains. Payment Services (primarily Western Union) grew 14% for the year on strong international growth, particularly in Mexico, while its Merchant Services group (credit card processing) also grew 14% vs. the year-ago period.

The stock was off nearly 2% to $39.22 in premarket Instisnet trading. The stock is up 10% for the year.

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