Diebold Inc. said last week that it expects to issue at month's end a preliminary revenue estimate for the first quarter.
The North Canton, Ohio, manufacturer has not issued earnings statements since the first quarter of 2007 due to an investigation of its accounting practices.
In January it said that it would restate earnings for 2003 through 2006, including all of its quarterly reports for 2005 and 2006 and the first quarter of 2007.
Diebold said the revenue estimate, due out April 30, will include details on its debt and guidance on its market outlook, but the company does not plan to host a conference call.
Aside from a preliminary revenue estimate for 2007, which Diebold issued in February, the company has supplied little information about its financial condition. It used that as a reason to reject an unsolicited buyout offer in March from United Technologies Corp. of $40 per share, a 66% premium.
Wall Street seems to think Diebold's management will agree to the sale; its shares have been trading between $35 and $39 since the offer was announced. This month an investor group led by Gamco Investors Inc. announced that it had become Diebold's biggest shareholder, with 4.7 million shares, or a 7.2% stake.
