Deluxe Corporation (NYSE:DLX) is reporting third quarter financial results on Thursday 5th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, DLX is expected to report 3Q20 income of $ 1.03 per share from revenue of $ 417.45 million.
For the full year, analysts anticipate top line of $ 1754.65 million, while looking forward to income of $ 4.60 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 2,000.00 million ~ $ 2,040.00 million, where as bottomline are predicted in a range of $ 5.50 ~ $ 5.95 per share
Click Here For More Historical Outlooks Of Deluxe Corporation
Previous Quarter Performance
Deluxe Corporation disclosed income for the second quarter of $ 1.15 per share, from the revenue of $ 410.40 million. The quarterly earnings decreased 29.88 percent compared with the same quarter last year. The consensus estimates are income of $ 0.60 per share from $ 392.15 million in revenue. The bottom line results beat street analysts by $ 0.55 or 91.67 percent, at the same time, top line results outshined analysts by $ 18.25 million or 4.65 percent.
Stock Performance
Shares of Deluxe Corporation traded low $ -0.47 or -2.07 percent on Wednesday, reaching $ 22.25 with volume of 154.60 thousand shares. Deluxe Corporation has traded high as $ 22.68 and has cracked $ 21.94 on the downward trend
The closing price of $ 22.25, representing a 20.21 % increase from the 52 week low of $ 18.90 and a 56.88 % decrease over the 52 week high of $ 52.69.
The company has a market capital of $ 931.34 million and is part of the Industrials sector and Business Services industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.30 per share on July 30, 2020. The dividend were payable on September 8, 2020 to holders of record as of the close of business on August 24, 2020 and ex-dividend date on August 21, 2020.
Conference Call
Deluxe Corporation will be hosting a conference call at 4:45 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.deluxe.com
Deluxe Corporation provides checks, forms, marketing solutions, accessories, and other products and services for small businesses and financial institutions. It operates through three segments: Small Business Services, Financial Services, and Direct Checks. The company provides checks; printed forms, such as deposit tickets, billing forms, work orders, job proposals, purchase orders, invoices, and personnel forms, as well as computer forms and check registers; and accessories and other products comprising envelopes, office supplies, ink stamps, and labels, as well as checkbook covers.
