Total System reports EPS in-line, revs in-line; guides FY08 revs in-line; guides FY09 EPS below consensus

Briefing.com

Posted: 2008-04-28 17:05:22

Reports Q1 (Mar) earnings of $0.31 per share, excluding non-recurring items, in-line with the First Call consensus of $0.31; revenues rose 7.5% year/year to $461.7 mln vs the $461.9 mln consensus. Co issues in-line guidance for FY08, sees FY08 revs of $1.928-1.964 bln vs. $1.95 bln consensus. Co issues downside guidance for FY09, sees EPS of $1.34-1.36 vs. $1.51 consensus. ""We are on track to achieve our previously announced guidance to grow both total revenues and net income in 2008 over 2007 in the range of 7% to 9%, and to grow our operating income in the double digit range of 12% to 14%."