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Why NCR Stock Jumped Today

TheMotleyFool

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Shares of NCR (NYSE: NCR) jumped 14% today after the company reported second-quarter earnings. Both the top and bottom lines came in ahead of consensus estimates.

Revenue in the second quarter was $1.48 billion, slightly ahead of the $1.43 billion in sales that Wall Street was expecting. Adjusted earnings per share came in at $0.27, also topping the $0.21 per share in adjusted profits that analysts were modeling for. The coronavirus pandemic continues to hurt the payment technology company's business, but the impacts were largely within expectations.

Image source: Getty Images.

Source Fool.com

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