CoreCard (CCRD) Moves 5.7% Higher: Will This Strength Last?

Group 1 - CoreCard Corporation (CCRD) shares increased by 5.7% to $27.3, following a period of 3.8% loss over the past four weeks, indicating a significant trading volume [1] - The stock surge was driven by Euronet Worldwide's strong second-quarter results and the strategic importance of its acquisition of CoreCard, which reassured investors about the deal's positive impact on earnings [2] - CoreCard is projected to report quarterly earnings of $0.29 per share, reflecting a year-over-year decline of 3.3%, while revenues are expected to reach $16.2 million, a 3.2% increase from the previous year [3] Group 2 - The consensus EPS estimate for CoreCard has remained stable over the last 30 days, suggesting that the stock's price movement may not sustain without changes in earnings estimate revisions [4] - CoreCard holds a Zacks Rank of 3 (Hold), indicating a neutral outlook, while JBT Marel (JBTM), another company in the same industry, experienced a 1.4% increase in its stock price [4] - JBT's consensus EPS estimate has increased by 1.7% over the past month to $1.51, showing a year-over-year change of 0.7%, and it also holds a Zacks Rank of 3 (Hold) [5]