Deluxe Q4 Adj. EPS $0.80 Beats $0.75 Estimate, Sales $537.40M Miss $537.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
Deluxe Corporation (DLX) reported Q4 adjusted EPS of $0.80, surpassing the $0.75 estimate, but saw a 23.08% decrease from last year's $1.04. Sales reached $537.40M, slightly missing the $537.80M estimate and marking a 4.72% decrease from the previous year.
February 01, 2024 | 11:01 am
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Deluxe Corporation reported a mixed Q4 with earnings beating estimates but sales slightly missing expectations and showing a year-over-year decline.
The mixed results with an earnings beat but a slight miss on sales and a year-over-year decline in both metrics could lead to neutral short-term stock price movement. Investors may weigh the positive earnings surprise against the sales miss and overall decline.
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