UPDATE 1-Diebold Q2 rev misses Street

Thu Jul 29, 2010 8:44am EDT

* Q2 EPS in-line, rev $665.2 mln vs est. $715.5 mln

* Sees FY 2010 rev growth 5-8 pct

* Sees FY'2010 adj EPS $1.95-$2.15 vs est. $

July 29 (Reuters) - ATM maker Diebold Inc (DBD.N) posted quarterly revenue below estimates, hurt by weakness in North America and the Europe, Middle East and Africa region, and lowered the upper end of its full-year revenue outlook range.

The company slightly lifted the lower end of its estimates for fiscal 2010 to $1.95 to $2.15 per share, excluding items, on revenue growth 5 percent to 8 percent.

It had earlier forecast revenue growth of 4 percent to 9 percent.

Analysts are looking for earnings for $2.02 per share, according to Thomson Reuters I/B/E/S.

For the second quarter the company's net income from continuing operations fell to $31.1 million, or 46 cents per share, from $33.3 million or 48 cents per share, last year.

Excluding items, the company earned 52 cents a share in line with estimates.

Total revenue fell 4 percent to $665.2 million below analysts' estimates of $715.5 million, according to Thomson Reuters I/B/E/S. [ID:nASA00KUC]

Revenue in the EMEA region fell 14 percent to $76.3 million while that in North America fell 11 percent to $322.6 million.

Shares of the North Canton, Ohio-based company closed at $30.06 Wednesday on the New York Stock exchange. (Reporting by Mansi Dutta in Bangalore; Editing by Jarshad Kakkrakandy)

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