CoreCard Corp reports results for the quarter ended in December - Earnings Summary

CoreCard

14/02/2024 17:16

* CoreCard Corp  CCRD.N  reported quarterly adjusted
earnings of 6
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 24
cents.  The lone analyst forecast for the quarter was
for earnings of one cent per share. 
    * Revenue rose 28.6% to $20.35 million from a year ago;
analysts
expected $12.60 million. 
    * CoreCard Corp's reported EPS for the quarter was 6 cents​.
    * The company reported quarterly net income of $486
thousand.
    * CoreCard Corp shares had fallen by 10.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the financial
technology (fintech) peer group is also "buy"

Wall Street's median 12-month price target for CoreCard Corp is
$19.00 
This summary was machine generated from LSEG data February 14 at
05:15 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
 Dec. 31 2023      0.01           0.06           Beat
 Sep. 30 2023      0.11           0.09           Missed
                                  0.22           
 Mar. 31 2023      0.08           0.15           Beat