TSYS (TSS) Tops Q1 EPS by 5c; Raises Outlook

TSYS (NYSE: TSS) reported Q1 EPS of $0.66, $0.05 better than the analyst estimate of $0.61. Revenue for the quarter came in at $739.4 million versus the consensus estimate of $713.48 million.

GUIDANCE:

TSYS sees FY2016 EPS of $2.78-$2.85, versus the consensus of $2.61. TSYS sees FY2016 revenue of $3.04-3.102 billion, versus the consensus of $2.94 billion.

“Our financial performance for the first quarter was outstanding across all four of our segments. These results reflect exceptional execution by the TSYS team as we progress toward achieving our vision to become the leading global payment solutions provider and to deliver outstanding returns to our shareholders,” said M. Troy Woods, chairman, president and chief executive officer of TSYS.

For earnings history and earnings-related data on TSYS (TSS) click here.

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