11:29 AM EST, 11/13/2024 (MT Newswires) -- (Updates with the latest stock price movement in the headline and first paragraph.)

NCR Atleos' ( NATL ) shares were up more than 12% in recent Wednesday trading, a day after the company reported Q3 adjusted earnings of $0.89 per diluted share, down from $1.77 a year earlier.

Analysts polled by Capital IQ expected $0.79.

Revenue for the quarter ended Sept. 30 was $1.08 billion, compared with $1.07 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.06 billion.

The company now expects 2024 adjusted earnings per share of $3.12, higher than the midpoint of its previous guidance of $2.90 to $3.20. Analysts surveyed by Capital IQ expect $3.12. The company expects revenue for the year of $4.30 billion, which is the midpoint of its previous guidance range. Analysts polled by Capital IQ expect $4.30 billion.

Price: 32.58, Change: +3.54, Percent Change: +12.17