Deluxe Corp. Q3 Profit Increases, Beats Estimates

(RTTNews) - Deluxe Corp. (DLX) announced earnings for its third quarter that Increased from the same period last year and beat the Street estimates.

The company's earnings came in at $33.70 million, or $0.74 per share. This compares with $8.90 million, or $0.20 per share, last year.

Excluding items, Deluxe Corp. reported adjusted earnings of $49.60 million or $1.09 per share for the period.

Analysts on average had expected the company to earn $0.90 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 2.2% to $540.20 million from $528.40 million last year.

Deluxe Corp. earnings at a glance (GAAP) :

-Earnings: $33.70 Mln. vs. $8.90 Mln. last year. -EPS: $0.74 vs. $0.20 last year. -Revenue: $540.20 Mln vs. $528.40 Mln last year.

-Guidance: Full year revenue guidance: $2.11 Bln-$2.13 Bln.

The company is raising the FY25 eps guidance to $3.45 - $3.60 from the prior guidance of $3.25 - $3.55.