CoreCard Corp reports results for the quarter ended March 31 - Earnings Summary

• CoreCard Corp CCRD.N reported quarterly adjusted earnings of 28 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 7 cents. The lone analyst forecast for the quarter was for earnings of 16 cents per share.

• Revenue rose 27.6% to $16.69 million from a year ago; analysts expected $14.60 million.

• CoreCard Corp's reported EPS for the quarter was 24 cents​.

• The company reported quarterly net income of $1.91 million.

• CoreCard Corp shares had fallen by 7.2% this quarter and lost 23.5% so far this year.

FORECAST CHANGES

• 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 "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the financial technology (fintech) peer group is also "hold"

• Wall Street's median 12-month price target for CoreCard Corp is $21.00

This summary was machine generated from LSEG data May 8 at 02:10 p.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)