Sungard Reiterates 2001 Earnings Guidance

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Sungard

(SDS) - Get Report

reiterated its earnings guidance and said its recent acquisition of

Comdisco

would start contributing to earnings late next year or in 2003.

The company said it expects to earn 88 cents to 91 cents a share for fiscal 2001, excluding the one-time effects of the Comdisco acquisition.

Sungard said it expected the acquisition to be dilutive this year and for the first half of next year, and that it will begin adding to earnings in the second half of 2002.