Heartland Payment (HPY) Posts Q2 adj.-EPS of $0.23, In-Line with Views; GUides FY10; Declares $0.01 Quarterly Dividend; 0.3% Yield

Heartland Payment Systems, Inc. (NYSE: HPY) reports Q2 adjusted EPS of $0.23, even with the analyst estimate of $0.23. Revenue for the quarter was $475.88 million, compared to $417.37 million in Q209. Sees FY10 revs of $450 - $458 million and an EPS of $0.95 - $1.00, compared to the consensus revs of $461.52 million and an EPS of $0.84. The Company declared a third quarter dividend of $0.01 per common share, $0.04 annualized. The dividend is payable to shareholders of record on August 25, 2010 and will be paid on September 15, 2010. Yield on the dividend is 0.3%.... Read more

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