Deluxe Corp. (DLX) Tops Q4 EPS by 19c
Get Alerts DLX Hot Sheet
Price: $18.95 +0.85%
Revenue Growth %: -3.3%
Financial Fact:
Gross profit: 292.65M
Today's EPS Names:
ESCA, LICT, NKSH, More
Revenue Growth %: -3.3%
Financial Fact:
Gross profit: 292.65M
Today's EPS Names:
ESCA, LICT, NKSH, More
Join SI Premium – FREE
Deluxe Corp. (NYSE: DLX) reported Q4 EPS of $1.38, $0.19 better than the analyst estimate of $1.19. Revenue for the quarter came in at $454.5 million versus the consensus estimate of $428.4 million.
Outlook:
- Although the specific timing for larger economic recovery remains uncertain, as a result of increased confidence in the Company’s financial position and strong execution against its strategic plan, Deluxe is establishing guidance for the full year 2021:
- Full year 2021 revenue is expected to grow in the range of 0% to 2% primarily due to the combination of sales transformation and related wins and steady macro-economic recovery from COVID-19.
- We expect first quarter financial performance to be a continuation of fourth quarter 2020 results as we begin to lap the onset of the pandemic in March 2020.
- We are positioned for recovery to begin in the second quarter, enabling us to exit the year with revenue growth in mid-single digits.
- Adjusted EBITDA margin for full year 2021 is expected to be in the range between 20% to 21%, at the lower end of the company’s long-term target range.
- We expect our tax rate to continue to be approximately 25%.
For earnings history and earnings-related data on Deluxe Corp. (DLX) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BayCom Corp (BCML) Misses Q1 EPS by 4c
- Hilltop Holdings (HTH) Tops Q1 EPS by 17c
- Community West Bancshares (CWBC) Tops Q1 EPS by 7c
Create E-mail Alert Related Categories
EarningsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!