Total System Services Q4 Profit Declines 3%

(RTTNews) - Total System Services (TSS) released earnings for fourth quarter that retreated from last year.

The company said its profit dropped to $104.05 million, or $0.57 per share. This was lower than $106.73 million, or $0.58 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.60 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 12.9% to $716.84 million. This was up from $635.10 million last year.

Total System Services earnings at a glance:

-Earnings (Q4): $104.05 Mln. vs. $106.73 Mln. last year. -Earnings Decline (Y-o-Y): -2.5% -EPS (Q4): $0.57 vs. $0.58 last year. -EPS Decline (Y-o-Y): -1.7% -Analysts Estimate: $0.60 -Revenue (Q4): $716.84 Mln vs. $635.10 Mln last year. -Revenue Change (Y-o-Y): 12.9%

-Guidance: Full year EPS guidance: $2.56 - $2.62 Full year revenue guidance: $2.90 - $2.95 Bln