Outerwall Cuts FY13 Outlook - Quick Facts

(RTTNews) - Outerwall Inc. (OUTR) said it now expects third quarter 2013 core earnings in the range of $0.82 and $0.94, compared to prior estimates of $1.36 to $1.51. Revenue is estimated to be in the range of $569 and $589 million, compared to prior estimates of $604 to $630 million.

Analysts now expect third quarter earnings of $1.45 per share and revenue of $609.43 million.

The company now expects full year 2013 core earnings between $4.72 and $5.12 per share and revenue between $2.27 and $2.33 billion. Earlier, the company expected earnings of 5.76 to $6.26 per share and revenue of $2.37 to $2.48 billion.

Analysts currently expect full year 2013 earnings of $5.91 per share and revenue of $2.38 billion.