Diebold Nixdorf, Incorporated (DBD - Free Report) will report first-quarter 2019 results on Apr 30 before the bell. The company operates a seasonal business with the fourth quarter being the strongest and first quarter the weakest.
What’s Up This Time?
The Zacks Consensus Estimate for revenues in the to-be-reported quarter is pegged at $1.04 billion, indicating a decrease of 2.5% from the year-ago quarter’s actual figure. Apart from seasonality, lower volume in Asia is likely to weigh on the top-line performance.
Diebold Nixdorf, Incorporated Revenue (TTM)
Operating performance should improve driven by benefits of savings from the company’s DN Now transformation initiatives.
Major initiatives under DN Now include transition to a customer-centric operating model, service modernization, better working capital management, reduction in administrative expenses, streamlining of the product range, and introduction of next-generation product capabilities and cloud-based software offerings. Driven by these initiatives, shares of the company have gained more than 100% year to date, significantly outperforming the 25.6% rally of the industry it belongs to.
Diebold Nixdorf targets annualized savings of $400 million through 2021, of which $160 million is expected to be realized in 2019.
Seasonal impacts are expected on the bottom line in the to-be-reported quarter, the Zacks Consensus Estimate for which is pegged at a loss of 35 cents per share. The consensus mark indicates a deterioration of more than 100% from the year-ago reported figure.
What Our Model Says
According to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) has a good chance of beating estimates if it also has a positive Earnings ESP. Zacks Rank #4 (Sell) or 5 (Strong Sell) stocks are best avoided, especially if they have a negative Earnings ESP. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Diebold Nixdorf has an Earnings ESP of +5.71% and a Zacks Rank #2.
Other Stocks That Warrant a Look
Here are a few other stocks from the broader Zacks Business Services sector that investors may consider as our model shows that these have the right combination of elements to beat on earnings in first-quarter 2019:
SailPoint Technologies has an Earnings ESP of +100.00% and a Zacks Rank #1. The company is scheduled to report results on May 8. You can see the complete list of today’s Zacks #1 Rank stocks here.
EVERTEC (EVTC - Free Report) has an Earnings ESP of +3.73% and a Zacks Rank #3. The company is slated to release results on May 1.
Delphi Technologies has an Earnings ESP of +1.56% and a Zacks Rank #3. The company is scheduled to report results on May 2.
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Zacks Names "Single Best Pick to Double"
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
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Diebold Nixdorf, Incorporated (DBD - Free Report) will report first-quarter 2019 results on Apr 30 before the bell. The company operates a seasonal business with the fourth quarter being the strongest and first quarter the weakest.
What’s Up This Time?
The Zacks Consensus Estimate for revenues in the to-be-reported quarter is pegged at $1.04 billion, indicating a decrease of 2.5% from the year-ago quarter’s actual figure. Apart from seasonality, lower volume in Asia is likely to weigh on the top-line performance.
Diebold Nixdorf, Incorporated Revenue (TTM)
Operating performance should improve driven by benefits of savings from the company’s DN Now transformation initiatives.
Major initiatives under DN Now include transition to a customer-centric operating model, service modernization, better working capital management, reduction in administrative expenses, streamlining of the product range, and introduction of next-generation product capabilities and cloud-based software offerings. Driven by these initiatives, shares of the company have gained more than 100% year to date, significantly outperforming the 25.6% rally of the industry it belongs to.
Diebold Nixdorf targets annualized savings of $400 million through 2021, of which $160 million is expected to be realized in 2019.
Seasonal impacts are expected on the bottom line in the to-be-reported quarter, the Zacks Consensus Estimate for which is pegged at a loss of 35 cents per share. The consensus mark indicates a deterioration of more than 100% from the year-ago reported figure.
What Our Model Says
According to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) has a good chance of beating estimates if it also has a positive Earnings ESP. Zacks Rank #4 (Sell) or 5 (Strong Sell) stocks are best avoided, especially if they have a negative Earnings ESP. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Diebold Nixdorf has an Earnings ESP of +5.71% and a Zacks Rank #2.
Other Stocks That Warrant a Look
Here are a few other stocks from the broader Zacks Business Services sector that investors may consider as our model shows that these have the right combination of elements to beat on earnings in first-quarter 2019:
SailPoint Technologies has an Earnings ESP of +100.00% and a Zacks Rank #1. The company is scheduled to report results on May 8. You can see the complete list of today’s Zacks #1 Rank stocks here.
EVERTEC (EVTC - Free Report) has an Earnings ESP of +3.73% and a Zacks Rank #3. The company is slated to release results on May 1.
Delphi Technologies has an Earnings ESP of +1.56% and a Zacks Rank #3. The company is scheduled to report results on May 2.
Radical New Technology Creates $12.3 Trillion Opportunity
Imagine buying Microsoft stock in the early days of personal computers… or Motorola after it released the world’s first cell phone. These technologies changed our lives and created massive profits for investors.
Today, we’re on the brink of the next quantum leap in technology. 7 innovative companies are leading this “4th Industrial Revolution” - and early investors stand to earn the biggest profits.
See the 7 breakthrough stocks now>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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