Total System Beats On Top Line
Total System Services Inc. (TSS) reported first-quarter 2012 operating earnings of 30 cents per share, in line with the Zacks Consensus Estimate but a nickel higher than the year-ago quarter. Earnings per share surged 18.2%, while net income attributable to shareholders increased 15.6% to $56.4 million from $48.8 million in the prior-year period. Results reflect [...]
Total System Services Inc. (TSS) reported first-quarter 2012 operating earnings of 30 cents per share, in line with the Zacks Consensus Estimate but a nickel higher than the year-ago quarter.
Earnings per share surged 18.2%, while net income attributable to shareholders increased 15.6% to $56.4 million from $48.8 million in the prior-year period.
Results reflect consistent growth in revenues across all business segments and increase in overall transaction volume and new accounts. However, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards