Deluxe Q1 2024 Adj EPS $0.76 Beats $0.71 Estimate, Sales $535.000M Beat $526.313M Estimate
Portfolio Pulse from Benzinga Newsdesk
Deluxe (NYSE:DLX) reported Q1 2024 adjusted EPS of $0.76, surpassing the $0.71 estimate, with sales of $535M also beating the $526.313M forecast. However, both earnings and sales saw a decrease compared to the same period last year.

May 01, 2024 | 8:59 pm
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Deluxe reported a Q1 2024 EPS of $0.76, beating estimates, and sales of $535M, also above expectations, despite a year-on-year decrease in both metrics.
Deluxe's earnings and sales beat are likely to positively impact investor sentiment in the short term, despite the year-on-year decrease. The beat on both top and bottom lines suggests operational efficiency and could lead to a positive stock price movement. However, the decrease compared to last year's figures might temper some of the positive momentum.
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