Total System Services Q3 adjusted earnings Beat Estimates

(RTTNews) - Total System Services (TSS) reported earnings for its third quarter that climbed from the same period last year.

The company's profit totaled $0.16 billion, or $0.85 per share. This compares with $0.12 billion, or $0.66 per share, in last year's third quarter.

Excluding items, Total System Services reported adjusted earnings of $0.21 billion or $1.16 per share for the period.

Analysts had expected the company to earn $1.09 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.9% to $0.96 billion from $0.85 billion last year.

Total System Services earnings at a glance:

-Earnings (Q3): $0.21 Bln. vs. $0.16 Bln. last year. -EPS (Q3): $1.16 vs. $0.88 last year. -Analysts Estimate: $1.09 -Revenue (Q3): $0.96 Bln vs. $0.85 Bln last year.

-Guidance: Full year EPS guidance: $4.41 - $4.47 Full year revenue guidance: $3.79 - $3.84 Bln