Total System Services 3Q EPS tops Wall St. view by 2c |
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Published
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Mon, 22 Oct 2007 21:42
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NEW YORK (Thomson Financial) - Total System Services Inc. Monday reported third-quarter earnings of $68.8 million, or 35 cents a share. The mean eastimate of analysts polled by Thomson Financial was for a profit of 33 cents a share in the September period.Revenue rose 3.6% in the latest three months to $457.6 million from $441.8 million a year earlier. Wall Street's consensus estimate was for revenue of $436.9 million in the quarter.Looking ahead, the Columbus, Ga., payment services provider forecast net income before itsm of $250 million to $255 million on total revenue of $1.74 billion to $1.76 billion.Total System Services is 81%-owned by Synovus.Michael BaronmbCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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