Why NCR (NCR) Stock Is Up Today

NEW YORK (TheStreet) -- NCR (NCR) was gaining 5.4% to $32.55 Wednesday after beating analysts' estimates for earnings in the second quarter.

For the second quarter NCR reported earnings of 68 cents a share, beating analysts' estimates of 66 cents a share by 2 cents. Revenue grew 7.8% year-over-year to $1.66 billion for the quarter. Analysts surveyed by Thomson Reuters expected revenue of $1.67 billion for the quarter.

Looking forward t full-year 2014 NCR expects EPS of $3.00 to $3.10 a share and revenue of $6.75 billion to $6.8 billion. Analysts expect EPS of $3.01 and revenue of $6.76 billion for the year.

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TheStreet Ratings team rates NCR CORP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

"We rate NCR CORP (NCR) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income."

NCR ChartNCR data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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