Deluxe Corporation (NYSE:DLX) announced its earnings results on Thursday, October 26th. The business services provider reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of $1.25 by $0.07, Bloomberg Earnings reports. Deluxe Corporation had a return on equity of 27.56% and a net margin of 10.24%. The business had revenue of $497.70 million for the quarter, compared to analyst estimates of $487.77 million. During the same period in the prior year, the company earned $1.22 EPS. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. Deluxe Corporation updated its Q4 guidance to $1.39-1.44 EPS.
Deluxe Corporation (NYSE DLX) traded down $0.27 on Friday, hitting $68.31. The stock had a trading volume of 175,900 shares, compared to its average volume of 258,869. Deluxe Corporation has a 1 year low of $63.83 and a 1 year high of $75.94. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.93 and a quick ratio of 0.83. The stock has a market cap of $3,287.21, a PE ratio of 13.11 and a beta of 1.37.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 4th. Stockholders of record on Monday, November 20th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date is Friday, November 17th. Deluxe Corporation’s payout ratio is currently 29.41%.
Separately, BidaskClub cut Deluxe Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th.
TRADEMARK VIOLATION WARNING: This news story was originally posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this news story on another website, it was copied illegally and republished in violation of US & international trademark and copyright laws. The correct version of this news story can be accessed at https://ledgergazette.com/2017/11/13/deluxe-co-dlx-posts-earnings-results-beats-estimates-by-0-07-eps.html.
About Deluxe Corporation
Deluxe Corporation is a provider of payment solutions. The Company provides a suite of customer life cycle management solutions to its customers across multiple channels. The Company operates in three segments: Small Business Services segment, Financial Services segment and Direct Checks segment. The Company’s product and service offerings consist of checks, forms and accessories, and other products.
Receive News & Ratings for Deluxe Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deluxe Corporation and related companies with MarketBeat.com's FREE daily email newsletter.