NCR Atleos Corporation (NATL) shares plummeted 7.83% in pre-market trading on Thursday, following the release of its third-quarter earnings report. The sharp decline comes despite the company beating analyst expectations for both earnings and revenue, suggesting investors may have concerns about the company's future prospects.
The financial technology solutions provider reported Q3 non-GAAP earnings of $1.09 per diluted share, up from $0.89 a year earlier and surpassing the FactSet analyst consensus of $1.05. Revenue for the quarter ended September 30 reached $1.12 billion, slightly above the $1.11 billion forecast and up from $1.07 billion in the same period last year. Despite these positive results, the market reaction has been notably negative.
While NCR Atleos reaffirmed its 2025 guidance, projecting non-GAAP diluted EPS growth of 21% to 27% and constant currency total revenue growth of 1% to 3%, investors appear unconvinced. The significant stock drop may indicate that market participants were expecting even stronger results or guidance, or that they have concerns about the company's ability to maintain its growth trajectory in an increasingly competitive fintech landscape. As trading continues, all eyes will be on NCR Atleos to see if it can reverse this downward trend and regain investor confidence.
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