Deluxe Corp. (DLX) Releases Quarterly Earnings, Beats Estimates By $0.04 EPS
Deluxe Corp. (NYSE:DLX) posted its quarterly earnings results on Thursday. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.04, AR Network reports. The company had revenue of $398.10 million for the quarter, compared to the consensus estimate of $396.05 million. During the same quarter in the previous year, the company posted $0.85 earnings per share. The company’s revenue for the quarter was up 5.2% on a year-over-year basis.
Deluxe Corp. (NYSE:DLX) opened at 47.09 on Thursday. Deluxe Corp. has a one year low of $27.90 and a one year high of $43.49. The stock’s 50-day moving average is $41.33 and its 200-day moving average is $39.13. The company has a market cap of $2.373 billion and a P/E ratio of 13.57.
On a related note, analysts at Zacks downgraded shares of Deluxe Corp. to a “neutral” rating in a research note to investors on Friday, July 26th. They now have a $43.20 price target on the stock.
Deluxe Corporation through its various businesses and brands provide a suite of life-cycle driven solutions to its customers.
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