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

Deluxe

02/11/2023 13:31

* Deluxe Corp  DLX.N  reported quarterly adjusted earnings
of 79
cents​​ per share for the quarter ended in September, lower than
the same quarter last year, when the company reported EPS of 99
cents.  The mean expectation of three analysts for the quarter
was for earnings of 74 cents per share. Wall Street expected
results to range from 68 cents to 78 cents per share.
    * Revenue fell 3.1% to $537.80 million from a year ago;
analysts
expected $537.43 million. 
    * Deluxe Corp's reported EPS for the quarter was a loss
of 18
cents​.
    * The company reported a quarterly loss of $8 million.
    * Deluxe Corp shares had fallen by 14.3% this quarter and
lost 4.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.9%
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," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
printing
services peer group is  "hold."

Wall Street's median 12-month price target for Deluxe Corp is
$28.00 
This summary was machine generated from LSEG data November 2 at
01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.74           0.79           Beat
 Jun. 30 2023      0.70           0.93           Beat
 Mar. 31 2023      0.66           0.80           Beat
 Dec. 31 2022      1.03           1.04           Beat