Deluxe 2024 Outlook, Expects Revenue Of $2.14B-$2.18B Vs. Consensus Of $2.16B; Adjusted EPS Of $3.10-$3.40 Vs. Consensus Of $3.23

2/1/24 6:05:16 AM ET

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Outlook

The Company expects the following for full-year 2024, inclusive of expected business exits, and all figures are approximate:

Revenue of $2.14 to $2.18 billion
Adjusted EBITDA of $400 to $420 million
Adjusted EPS of $3.10 to $3.40
Free cash flow of $60 to $80 million

The guidance outlined above is subject to, among other things, prevailing macroeconomic conditions, global unrest, labor supply issues, inflation, and the impact of business exits.

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Recent Analyst Ratings for
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Date	Price Target	Rating	Analyst
4/19/2024	$27.00	Buy	Northcoast
9/1/2021	$55.00	Outperform	Cowen & Co.

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Deluxe Announces Pricing of Senior Secured Notes Offering
Deluxe (NYSE:DLX), a Trusted Payments and Data company (the "Company"), today announced the pricing of $450 million aggregate principal amount of its senior secured notes due 2029 (the "Notes"). The size of the offering was upsized from $400 million to $450 million. The offering is expected to close on December 3, 2024, subject to customary closing conditions. The Notes will pay interest semi-annually at a rate of 8.125% per annum. The Notes are being offered in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to persons outside the United States in accordanc
11/19/24 4:44:00 PM ET
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Deluxe Announces Senior Secured Notes Offering
Deluxe (NYSE:DLX), a Trusted Payments and Data company (the "Company"), announces that it intends to offer $400 million aggregate principal amount of senior secured notes due 2029 (the "Notes") in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to persons outside the United States in accordance with Regulation S under the Securities Act. The Company intends to use the net proceeds from the Notes offering, together with borrowings under the Company's new senior secured credit facilities, to (i) refinance its term A loan facility (the "Existing Term A Loan F
11/18/24 7:43:00 AM ET
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Deluxe Announces Inducement Grant for Kimberly Cross
Deluxe (NYSE:DLX), a Trusted Payments and Data Company, has announced an inducement grant in connection with the recent hiring of Kimberly D. Cross as its Senior Vice President, Chief Human Resources Officer. In connection with Ms. Cross' hire, Deluxe agreed to grant to Ms. Cross restricted stock units in the aggregate amount of $800,000 as an inducement for her to join the company. The grant of 34,468 restricted stock units was made on November 15, 2024, and the units vest in two equal installments on the first and second anniversary of date of grant. About Deluxe Corporation Deluxe, a Trusted Payments and Data Company, champions business so communities thrive. Our solutions help bus
11/18/24 7:00:00 AM ET
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Deluxe Announces Inducement Grant for Kimberly Cross
Deluxe (NYSE:DLX), a Trusted Payments and Data Company, has announced an inducement grant in connection with the recent hiring of Kimberly D. Cross as its Senior Vice President, Chief Human Resources Officer. In connection with Ms. Cross' hire, Deluxe agreed to grant to Ms. Cross restricted stock units in the aggregate amount of $800,000 as an inducement for her to join the company. The grant of 34,468 restricted stock units was made on November 15, 2024, and the units vest in two equal installments on the first and second anniversary of date of grant. About Deluxe Corporation Deluxe, a Trusted Payments and Data Company, champions business so communities thrive. Our solutions help bus
11/18/24 7:00:00 AM ET
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Deluxe Welcomes Kim Cross as Chief Human Resources Officer
Payments industry veteran joins to help accelerate growth Deluxe, a trusted Payments and Data Company, announces the appointment of Kimberly D. Cross as its Chief Human Resources Officer. Cross brings nearly 30 years of experience as a strategic and accomplished HR leader, with a proven track record of leading growth and innovation by continually improving strategies focused on people, teams, and culture. "Kim's experience and leadership style are a perfect fit for Deluxe," said Barry McCarthy, President and CEO of Deluxe. "Our people are our number one asset, and we conducted an extensive search to find a leader with the right combination of expertise and skill to help lead our people s
10/14/24 10:00:00 AM ET
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Deluxe Announces Inducement Grants for John Rubinetti
Deluxe (NYSE:DLX), a Trusted Payments and Data Company, has announced inducement grants in connection with the recent hiring of John F. Rubinetti, III as its Senior Vice President, President of B2B Payments. In connection with Mr. Rubinetti's hire, Deluxe agreed to grant to Mr. Rubinetti restricted stock units in the aggregate amount of $820,000 as an inducement for him to join the company. The grant of 41,144 restricted stock units was made on August 15, 2024. About Deluxe Corporation Deluxe, a Trusted Payments and Data Company, champions business so communities thrive. Our solutions help businesses pay, get paid, and grow. For more than 100 years, Deluxe customers have relied on our
8/16/24 5:00:00 PM ET
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Financials

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Deluxe Corporation Third Quarter 2024 Financial Results Available on Company's Website
Deluxe (NYSE:DLX), a Trusted Payments and Data company, today announced its third quarter 2024 financial results through an earnings release available on the company's Investor Relations website at www.investors.deluxe.com. The earnings release will be furnished with the Securities and Exchange Commission (SEC) on a Form 8-K and available here. At 5:00 p.m. ET (4:00 p.m. CT) today, the company will host an open-access conference call to discuss these financial results. Conference Call Details: Toll-free dial-in: 1-800-289-0438 Toll dial-in: 1-323-794-2423 Conference ID: 4894281 Audio & accompanying slides will be available via webcast accessible at www.investors.deluxe.com. For those una
11/6/24 4:15:00 PM ET
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Deluxe to Report Third Quarter 2024 Results on November 6, 2024
Deluxe (NYSE:DLX), a Trusted Payments and Data company, will report third quarter 2024 financial results on Wednesday, November 6, 2024, following market-close. On the same day, management will hold an open-access conference call at 5:00 p.m. ET (4:00 p.m. CT). All interested persons may listen to the call by dialing 1-800-289-0438 (access code 4894281). The audio and accompanying slides will be available via webcast accessible on the investor relations website at www.investors.deluxe.com. For those unable to listen live, a replay will be available after 8:00 p.m. ET through midnight on November 13, 2024. About Deluxe Deluxe, a Trusted Payments and Data company, champions business so comm
10/23/24 5:00:00 PM ET
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Deluxe Reports Second Quarter 2024 Results
Reported revenue decreased 5.9%, while comparable adjusted revenue decreased 3.0%. Net income was $20.5 million, improving from $16.4 million in 2023, on stronger operating results and lower restructuring spend. Second quarter GAAP diluted EPS expanded 24.3% to $0.46; Comparable adjusted diluted EPS improved 4.9% to $0.85. First half operating cash flows increased 40% to $66.2 million, and free cash flow was $17.6 million through six months. Comparable adjusted EBITDA increased 1.6% to $101.8 million. Affirms 2024 guidance for adjusted EBITDA, adjusted diluted EPS, and free cash flow. Deluxe (NYSE:DLX), a Trusted Payments and Data company, today reported operating results
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Deluxe 2024 Outlook, Expects Revenue Of $2.14B-$2.18B Vs. Consensus Of $2.16B; Adjusted EPS Of $3.10-$3.40 Vs. Consensus Of $3.23

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Recent Analyst Ratings for $DLX

$DLX Press Releases

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Deluxe Announces Pricing of Senior Secured Notes Offering

Deluxe Announces Senior Secured Notes Offering

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$DLX Analyst Ratings

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Northcoast initiated coverage on Deluxe with a new price target

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$DLX SEC Filings

Deluxe Corporation filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

Deluxe Corporation filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

SEC Form S-8 filed by Deluxe Corporation

$DLX Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

SVP, Chief Financial Offier Zint William C bought $2,287 worth of shares (120 units at $19.06), increasing direct ownership by 1% to 11,584 units (SEC Form 4)

President & CEO Mccarthy Barry C bought $53,806 worth of shares (2,820 units at $19.08), increasing direct ownership by 2% to 178,670 units (SEC Form 4)

Chief Tech. & Digital Officer Jeyaprakasam Yogaraj bought $19,358 worth of shares (906 units at $21.38), increasing direct ownership by 2% to 41,942 units (SEC Form 4)

$DLX Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by Deluxe Corporation

SEC Form SC 13G/A filed by Deluxe Corporation (Amendment)

SEC Form SC 13G/A filed by Deluxe Corporation (Amendment)

$DLX Insider Trading

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SEC Form 4 filed by SVP, CHRO Cross Kimberly D

SEC Form 4 filed by Chief Accounting Officer, PAO Moyer Kelly

New insider Moyer Kelly claimed no ownership of stock in the company (SEC Form 3)

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