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Deluxe Corp. (DLX)
NYSE:DLX
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Earnings Data
Report Date
Jan 30, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.83Last Year’s EPS
$0.8Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: 8.84%
|Next Earnings Date:Jan 30, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong growth in EBITDA, free cash flow, and specific segments such as Merchant Services and Data Solutions, while acknowledging challenges with overall revenue decline and specific segment pressures. The North Star program showed significant progress, suggesting optimism for future performance.Company Guidance
During the Deluxe Q3 2024 earnings call, the company provided robust guidance, highlighting sustained growth in key profitability metrics. Comparable adjusted EBITDA saw a 7% year-over-year increase, with a margin expansion of 140 basis points, while free cash flow improved by 9.5%. The Merchant Services segment achieved over 6% growth, and the B2B payments segment returned to a modest growth profile, with the Data Solutions segment exceeding $60 million in quarterly revenue for the first time this year. Deluxe also reduced its net debt by $45 million sequentially and confirmed its full-year guidance with revenue expected to be between $2.12 billion and $2.14 billion, adjusted EBITDA of $405 million to $415 million, and free cash flow of $90 million to $100 million. The North Star program continues to drive these improvements, with over $100 million of the targeted $130 million in annualized EBITDA improvements already in execution or completion stages.Strong Third Quarter Results
The company reported nearly 7% year-over-year growth in comparable adjusted EBITDA, with a margin expansion of 140 basis points and a free cash flow growth of 9.5%.
Merchant Services Growth
Merchant Services reported sustained mid-single-digit growth of over 6%, with year-to-date growth surpassing 7%.
Debt Reduction
The company reduced its net debt balance by $45 million sequentially in the second quarter, showing commitment to debt reduction.
Data Segment Revenue Milestone
Data segment revenue exceeded $60 million during the quarter for the first time this year, showing strong sequential improvement.
Progress on North Star Program
The North Star program reached a milestone with projects comprising more than $100 million of the $130 million targeted annualized EBITDA improvements in execution or completion.
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DLX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DLX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $20.43 | $22.36 | +9.45% |
| Jul 31, 2024 | $23.71 | $21.26 | -10.33% |
| May 01, 2024 | $19.09 | $20.71 | +8.49% |
| Feb 01, 2024 | $17.89 | $19.31 | +7.94% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Deluxe Corp. (DLX) report earnings?
Deluxe Corp. (DLX) is schdueled to report earning on Jan 30, 2025, TBA Not Confirmed.
What is Deluxe Corp. (DLX) earnings time?
Deluxe Corp. (DLX) earnings time is at Jan 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DLX EPS forecast?
DLX EPS forecast for the fiscal quarter 2024 (Q4) is $0.83.
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