Reynolds and Reynolds Co. to exceed 1st-qtr outlook

Newswire

CHICAGO, Dec 29 (Reuters) - The Reynolds and Reynolds Co. , a provider of software and services to automotive dealers, on Wednesday said it expects to beat its first-quarter earnings outlook due to cost management, the timing of expenses and foreign currency gains. The company said it now expects to earn 32 cents to 36 cents a share in the quarter ending Dec. 31, above the 24 cents to 28 cents it had estimated in November. It had reported net income of 34 cents a share a year ago. Two ...

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