CoreCard Corp reports results for the quarter ended in September 30 - Earnings Summary

CoreCard

01/11/2024 03:08

* CoreCard Corp  CCRD.N  reported quarterly adjusted
earnings of
30 cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 9 cents.  The lone analyst forecast for the quarter was
for earnings of 17 cents per share. 
    * Revenue rose 17.2% to $15.70 million from a year ago;
analysts
expected $13.00 million. 
    * CoreCard Corp's reported EPS for the quarter was 27
cents​.
    * The company reported quarterly net income of $2.2 million.
    * CoreCard Corp shares had fallen by 3.7% this quarter and
gained 1.1% so far this year.

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

Wall Street's median 12-month price target for CoreCard Corp is
$15.00 
This summary was machine generated from LSEG data November 1 at
03:07 a.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
 Sep. 30 2024      0.17           0.30           Beat
 Jun. 30 2024      0.07           0.15           Beat
 Mar. 31 2024      0.02           0.07           Beat
 Dec. 31 2023      0.01           0.06           Beat