Deluxe (DLX) Beats Q3 Earnings Estimates

Group 1 - Deluxe reported quarterly earnings of $0.84 per share, exceeding the Zacks Consensus Estimate of $0.72 per share, and showing an increase from $0.79 per share a year ago, representing an earnings surprise of 16.67% [1] - The company posted revenues of $528.4 million for the quarter ended September 2024, slightly missing the Zacks Consensus Estimate by 0.06%, and down from $537.8 million year-over-year [2] - Over the last four quarters, Deluxe has surpassed consensus EPS estimates four times but has topped consensus revenue estimates only once [2] Group 2 - The stock has underperformed the market, losing about 10.9% since the beginning of the year, while the S&P 500 has gained 21.2% [3] - The current consensus EPS estimate for the upcoming quarter is $0.77 on revenues of $528.3 million, and for the current fiscal year, it is $3.11 on revenues of $2.14 billion [7] - The Zacks Industry Rank indicates that the Business - Office Products sector is currently in the bottom 25% of over 250 Zacks industries, which may negatively impact stock performance [8]