Workflow
Issuer Direct Corporation (ISDR) Tops Q2 Earnings and Revenue Estimates
Issuer Direct Issuer Direct (US:ISDR) ZACKSยท2024-08-08 22:20

Group 1 - Issuer Direct Corporation (ISDR) reported quarterly earnings of $0.22 per share, exceeding the Zacks Consensus Estimate of $0.21 per share, but down from $0.53 per share a year ago, indicating an earnings surprise of 4.76% [1] - The company posted revenues of $7.69 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 0.88%, but down from $9.65 million year-over-year [2] - Issuer Direct shares have declined approximately 51.5% since the beginning of the year, contrasting with the S&P 500's gain of 9% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is $0.19 on revenues of $7.14 million, and for the current fiscal year, it is $0.73 on revenues of $29.51 million [7] - The Commercial Printing industry, to which Issuer Direct belongs, is currently ranked in the top 43% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]