CPI Card Group Inc reports results for the quarter ended March 31 - Earnings Summary

• CPI Card Group Inc PMTS.OQ reported quarterly adjusted earnings of 40 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 46 cents. The mean expectation of four analysts for the quarter was for earnings of 65 cents per share. Wall Street expected results

• Revenue rose 15.9% to $129.75 million from a year ago; analysts expected $132.96 million.

• CPI Card Group Inc's reported EPS for the quarter was 40 cents​.

• The company reported quarterly net income of $4.77 million.

• CPI Card Group Inc shares had fallen by 21.5% this quarter and lost 37.7% 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 negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the consumer lending peer group is also "buy"

• Wall Street's median 12-month price target for CPI Card Group Inc is $36.50, about 49% above its last closing price of $18.62

This summary was machine generated from LSEG data August 8 at 01:31 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)