Deluxe Q2 2024 Adj. EPS $0.86 Beats $0.73 Estimate, Sales $537.800M Miss $537.900M Estimate
Portfolio Pulse from Benzinga Newsdesk
Deluxe (NYSE:DLX) reported Q2 2024 adjusted EPS of $0.86, beating the $0.73 estimate, but sales of $537.8M missed the $537.9M estimate. EPS decreased by 7.53% YoY, and sales decreased by 5.93% YoY.
July 31, 2024 | 9:22 pm
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NEUTRAL IMPACT
Deluxe (NYSE:DLX) reported Q2 2024 adjusted EPS of $0.86, beating the $0.73 estimate, but sales of $537.8M missed the $537.9M estimate. EPS decreased by 7.53% YoY, and sales decreased by 5.93% YoY.
While Deluxe's EPS beat estimates significantly, the slight miss on sales and the YoY decreases in both EPS and sales may neutralize the positive impact. Investors may have mixed reactions, leading to a neutral short-term price impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100