earnings
confidence high
sentiment positive
materiality 0.75
Deluxe Q1 adj. EPS up 4.3% to $0.72; raises FY free cash flow guidance
DELUXE CORP
2024-Q1 EPS reported
$0.24
revenue$534,955,000
- Reported revenue $535M (-1.9% YoY); comparable adjusted revenue up 1.2% to $529M.
- Net income $10.8M vs $2.8M; GAAP diluted EPS $0.24 vs $0.06; adj. diluted EPS $0.72 (+4.3%).
- Comparable adjusted EBITDA $96.9M (+7% YoY); margin 18.3% (+100 bps).
- Raised FY2024 FCF guidance to $80-$100M; affirms rev $2.14-2.18B, adj. EBITDA $400-420M, adj. EPS $3.10-$3.40.
- Quarterly dividend $0.30/share payable June 3, 2024 to holders of record May 20.