Deluxe Corp’s Third Quarter Results Show Revenues Up, but EPS Misses Expectations

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Deluxe Corp Stock Intrinsic Value – Deluxe Corp ($NYSE:DLX)oration is a provider of printing and related services. It offers products and services in three segments: Small Business Services, Marketing Services and Checks. Revenues for the quarter were $555.0 million, up from $548.0 million in the same quarter last year and ahead of analyst expectations of $548.0 million.

Adjusted EPS for the quarter was $0.30, down from $0.40 in the same quarter last year and below analyst expectations of $0.40. The company attributed the miss on EPS to higher than expected expenses, including $4 million in restructuring charges.

Earnings

Deluxe Corp‘s third quarter results show that revenues are up, but earnings per share misses expectations. In the earning report of FY2022 Q2 as of June 30, DELUXE CORP earned 2221.7M USD in total revenue, earned 57.9M USD in net income. Compared to previous year, there is a 9.9% increase in total revenue, but a 7.5% decrease in net income. DELUXE CORP’s total revenue has reached from 1790.8M USD to 2221.7M USD in the last 3 years.

The company attributes the miss to higher costs associated with its ongoing transformation initiatives. Despite the miss, the company’s stock was up in after-hours trading as investors seem optimistic about the long-term prospects of the company.

Share Price

On Monday, Deluxe Corp‘s stock opened at $19.2 and closed at $19.2, up by 0.8% from previous closing price of 19.0. The company’s third quarter results showed that while revenues were up, earnings per share missed expectations. Most news coverage of the results has been neutral, with some outlets noting that the company’s strong revenue growth indicates that its recent acquisitions are paying off.

VI Analysis – Deluxe Corp Stock Intrinsic Value

The VI Line app makes it easy to see the company’s fundamentals and potential. The intrinsic value of DELUXE CORP shares is around $36.3, which means the stock is currently undervalued by 47%.

VI Peers

Deluxe Corp is in the business of providing software solutions. Its competitors are Ilkka Oyj, Specificity Inc, and DM Solutions Co Ltd.

– Ilkka Oyj ($LTS:0IGW)

Ilkka Oyj is a Finnish company that produces and supplies wood products. It has a market cap of 110.82M as of 2022 and a Return on Equity of 2.9%. The company is involved in the production of lumber, pulp, paper, and energy. It also provides services related to forestry, real estate, and environmental protection.

– Specificity Inc ($OTCPK:SPTY)

Based in New York, Specificity Inc is a biotechnology company that focuses on the development of cancer treatments. The company has a market capitalization of 11.71 million as of 2022 and a return on equity of 189.94%. Specificity Inc’s products are designed to target specific types of cancer cells, which the company believes will result in more effective and less toxic treatments. In addition to its cancer treatments, Specificity Inc is also developing treatments for other diseases, such as Alzheimer’s disease and Parkinson’s disease.

– DM Solutions Co Ltd ($TSE:6549)

The company’s market cap as of 2022 is 2.39B, and its ROE is 5.37%. The company provides software development services and solutions.

Summary

Deluxe Corp is a provider of personalized products, services and solutions. The company’s products and services include checks, forms, marketing solutions, promotional products, and related software. Deluxe Corp serves customers in a variety of industries, including banking, healthcare, insurance, and small business. Deluxe Corp has a long history of delivering quality products and services to its customers.

The company has a strong track record of profitability and is well-positioned to continue growing its business. Given its solid financial position and growth potential, Deluxe Corp is an attractive investment for long-term investors.