The software company posted earnings of 57 cents a share in the fourth quarter, missing analyst estimates of 59 cents a share by just 2 cents. The company saw revenue increase 3.4% year-over-year to $811.4 million in the quarter. Diebold's revenue easily beat analyst estimates of $801.1 million for the quarter.
For the full year 2014 Diebold expects revenue of between $1.65 and $1.85 a share. That's in-line with analyst estimates of $1.79 a share. The company expects revenue growth in the low single digits.
TheStreet Ratings team rates DIEBOLD INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate DIEBOLD INC (DBD) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow."
Highlights from the analysis by TheStreet Ratings Team goes as follows: