Deluxe Corporation (DLX) Releases Earnings Results, Beats Expectations By $0.02 EPS

Deluxe Corporation (DLX) reported quarterly earnings results on Thursday, Jul-28-2016. The company said it had a profit of $1.20 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $1.18. The company posted revenue of $450.60 million in the period, compared to analysts expectations of $450.64 million. The company’s revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.13 EPS.

Deluxe Corporation closed down -1.2 points or -1.73% at $68.04 with 2,51,011 shares getting traded on Thursday. Post opening the session at $69.03, the shares hit an intraday low of $67.28 and an intraday high of $69.3 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on Jun 6, 2016, Peter J Godich (Senior Vice President) sold 2,000 shares at $65.97 per share price. According to the SEC, on Jun 6, 2016, Malcolm Mcroberts (Senior Vice President, SBS) sold 9,580 shares at $66.06 per share price. On May 12, 2016, Julie M Loosbrock (Sr. V.P., Human Resources) sold 2,230 shares at $63.75 per share price, according to the Form-4 filing with the securities and exchange commission.

Deluxe Corporation provides payment solutions. The Company’s product and service offerings consist of checks forms and accessories and other products. The Company operates in three segments: Small Business Services segment Financial Services segment and Direct Checks segment. The Small Business Services segment offers Web design hosting and other Web services; search engine optimization; digital printing services and logo design among others. The Financial Services segment offers customer acquisition programs financial institution profitability and risk management services marketing communications services and fraud protection and security services among others. It also offers forms such as deposit tickets and check registers. The Direct Checks segment supplies checks and provides fraud protection and security services as well as package insert programs. It offers its products under brand names such as Checks Unlimited Designer Checks Deluxe and NEBS among others.

Deluxe Corporation

Leave a Reply

Deluxe Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Deluxe Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.