Deluxe Corp reports results for the quarter ended in March - Earnings Summary

Deluxe

02/05/2024 12:50

* Deluxe Corp  DLX.N  reported quarterly adjusted earnings
of 76
cents​​ per share for the quarter ended in March, lower than the
same quarter last year, when the company reported EPS of 80
cents.  The mean expectation of four analysts for the quarter
was for earnings of 71 cents per share. Wall Street expected
results to range from 67 cents to 75 cents per share.
    * Revenue fell 1.9% to $535.00 million from a year ago;
analysts
expected $526.31 million. 
    * Deluxe Corp's reported EPS for the quarter was 24 cents​.
    * The company reported quarterly net income of $10.8
million.
    * Deluxe Corp shares had fallen by 3.4% this quarter and
lost 7.3%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.1%
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 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
printing
services peer group is also "buy"

Wall Street's median 12-month price target for Deluxe Corp is
$29.50 
This summary was machine generated from LSEG data May 2 at 11:50
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
 Mar. 31 2024      0.71           0.76           Beat
 Dec. 31 2023      0.75           0.80           Beat
 Sep. 30 2023      0.74           0.79           Beat
 Jun. 30 2023      0.70           0.93           Beat