Deluxe Corp. Q4 Profit Decreases, But Beats Estimates

Deluxe Corp. (DLX) reported earnings for fourth quarter that decreased from the same period last year but beat the Street estimates.

The company's bottom line totaled $12.6 million, or $0.28 per share. This compares with $15.0 million, or $0.34 per share, last year.

Excluding items, Deluxe Corp. reported adjusted earnings of $37.5 million or $0.84 per share for the period.

Analysts on average had expected the company to earn $0.83 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 3.1% to $520.5 million from $537.4 million last year.

Deluxe Corp. earnings at a glance (GAAP) :

-Earnings: $12.6 Mln. vs. $15.0 Mln. last year.
-EPS: $0.28 vs. $0.34 last year.
-Revenue: $520.5 Mln vs. $537.4 Mln last year.

by RTTNews Staff Writer

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