Deluxe Corp reports results for the quarter ended June 30 - Earnings Summary

• Deluxe Corp DLX.N reported quarterly adjusted earnings of 88 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 86 cents. The mean expectation of four analysts for the quarter was for earnings of 75 cents per share. Wall Street expected results to range from 68 cents to 84 cents per share.

• Revenue fell 3.1% to $521.30 million from a year ago; analysts expected $526.93 million.

• Deluxe Corp's reported EPS for the quarter was 50 cents​.

• The company reported quarterly net income of $22.4 million.

• Deluxe Corp shares had risen by 2.1% this quarter and lost 28.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the commercial printing services peer group is also "buy"

• Wall Street's median 12-month price target for Deluxe Corp is $26.50, about 39.5% above its last closing price of $16.03

This summary was machine generated from LSEG data August 7 at 03:48 a.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)