Telemarketer Sitel Corp., based in Baltimore, said it would fall short of Wall Street analysts’ expectations for the third and fourth quarters because of lower-than-expected European revenues, particularly in the U.K. and Spain, according to Reuters.
Sitel said in a statement it expects its third-quarter earnings per share will fall by 1 to 2 cents below analysts’ expectations of 6 cents per share. It said its fourth-quarter profit would be about 3 to 5 cents per share below the consensus forecast of 10 cents per share.
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