CPI Card Group Inc PMTS.OQ reported quarterly adjusted earnings of 11 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 49 cents. The mean expectation of three analysts for the quarter was for earnings of 51 cents per share. Wall Street expected results to range from 34 cents to 65 cents per share.
Revenue rose 17.8% to $124.75 million from a year ago; analysts expected $117.13 million.
CPI Card Group Inc's reported EPS for the quarter was 11 cents.
The company reported quarterly net income of $1.29 million.
CPI Card Group Inc shares had fallen by 13.3% this quarter and gained 25.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 8.3% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The average consensus recommendation for the consumer lending peer group is also "buy"
Wall Street's median 12-month price target for CPI Card Group Inc is $33.00
This summary was machine generated from LSEG data November 6 at 05:09 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | 0.51 | 0.11 | Missed |
Jun. 30 2024 | 0.58 | 0.51 | Missed |
Mar. 31 2024 | 0.41 | 0.46 | Beat |
Dec. 31 2023 | 0.32 | 0.23 | Missed |
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