Deluxe Corporation (DLX) to Release Quarterly Earnings on Thursday
Deluxe Corporation (NYSE:DLX) will be issuing its quarterly earnings data before the market opens on Thursday, October 26th. Analysts expect the company to announce earnings of $1.25 per share for the quarter. Deluxe Corporation has set its Q3 guidance at $1.23-1.28 EPS and its FY17 guidance at $5.20-5.30 EPS.
Deluxe Corporation (NYSE:DLX) last announced its quarterly earnings data on Thursday, July 27th. The business services provider reported $1.29 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.24 by $0.05. Deluxe Corporation had a return on equity of 27.83% and a net margin of 11.98%. The firm had revenue of $485.20 million for the quarter, compared to analysts’ expectations of $479.42 million. During the same period last year, the business posted $1.20 earnings per share. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. On average, analysts expect Deluxe Corporation to post $5.25 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Deluxe Corporation (DLX) opened at 73.42 on Thursday. The company’s 50-day moving average price is $71.06 and its 200 day moving average price is $70.07. The company has a market capitalization of $3.55 billion, a PE ratio of 15.71 and a beta of 1.35. Deluxe Corporation has a 52 week low of $59.47 and a 52 week high of $75.94.
In related news, VP John D. Filby sold 18,936 shares of the business’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $72.21, for a total value of $1,367,368.56. Following the sale, the vice president now owns 46,154 shares of the company’s stock, valued at approximately $3,332,780.34. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Ronald C. Baldwin sold 2,000 shares of the business’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $72.41, for a total value of $144,820.00. The disclosure for this sale can be found here. 2.40% of the stock is owned by insiders.
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Separately, BidaskClub raised Deluxe Corporation from a “sell” rating to a “hold” rating in a report on Monday, July 31st.
About Deluxe Corporation
Deluxe Corporation is a provider of payment solutions. The Company provides a suite of customer life cycle management solutions to its customers across multiple channels. The Company operates in three segments: Small Business Services segment, Financial Services segment and Direct Checks segment. The Company’s product and service offerings consist of checks, forms and accessories, and other products.
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