Issuer Direct Corporation (ISDR) Q3 Earnings and Revenues Lag Estimates
Issuer Direct Issuer Direct (US:ISDR) ZACKS·2024-11-07 16:35

Core Viewpoint - Issuer Direct Corporation reported quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.20 per share, and showing a decline from $0.27 per share a year ago, indicating a -15% earnings surprise [1][2] Financial Performance - The company posted revenues of $6.95 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 2.62%, and down from $7.57 million year-over-year [2] - Over the last four quarters, Issuer Direct has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2] Stock Performance - Issuer Direct shares have declined approximately 43.5% since the beginning of the year, contrasting with the S&P 500's gain of 24.3% [3] - The current Zacks Rank for Issuer Direct is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.24 on revenues of $7.79 million, and for the current fiscal year, it is $0.74 on revenues of $29.57 million [7] - The trend of estimate revisions for Issuer Direct is mixed, which could change following the recent earnings report [6] Industry Context - The Commercial Printing industry, to which Issuer Direct belongs, is currently ranked in the top 12% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]