Cimpress PLC reports results for the quarter ended in June - Earnings Summary

Cimpress

31/07/2024 23:03

* Cimpress PLC  CMPR.OQ  reported quarterly adjusted
earnings of
$4.33​​ per share for the quarter ended in June, higher than the
same quarter last year, when the company reported EPS of $1.05. 
The mean expectation of two analysts for the quarter was
for earnings of 80 cents per share. Wall Street expected
results to range from 65 cents to 95 cents per share.
    * Revenue rose 5.5% to $832.61 million from a year ago;
analysts
expected $832.55 million. 
    * Cimpress PLC's reported EPS for the quarter was $4.33​.
    * The company reported quarterly net income of $115 million.
    * Cimpress PLC shares had risen by 4.2% this quarter and
gained 14.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
printing
services peer group is  "buy."

Wall Street's median 12-month price target for Cimpress PLC is
$111.50 
This summary was machine generated from LSEG data July 31 at
10:03 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.80           4.33           Beat
 Mar. 31 2024      0.14           -0.15          Missed
 Dec. 31 2023      1.24           2.14           Beat
 Sep. 30 2023      -0.33          0.17           Beat