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Deluxe Corp. (DLX) Tops Q3 EPS by 5c, provides outlook

November 2, 2023 6:02 AM

Deluxe Corp. (NYSE: DLX) reported Q3 EPS of $0.79, $0.05 better than the analyst estimate of $0.74. Revenue for the quarter came in at $537.8 million versus the consensus estimate of $537.33 million.

Outlook

The Company updated the following guidance for full-year 2023, inclusive of divestitures, and all figures are approximate:

Revenue of $2.180 to $2.220 billion, unchanged from our prior guidance, versus the consensus of $2.204 billion
Adjusted EBITDA of $405 to $420 million, up from $400 to $415 million
Adjusted EPS of $3.20 to $3.45, up from $3.10 to $3.40, versus the consensus of $3.28
Free cash flow of $60 to $80 million, lowered from $80 to $100 million to reflect in-year cash charges

For earnings history and earnings-related data on Deluxe Corp. (DLX) click here.

Categories

Earnings