CoreCard (NYSE:CCRD) Issues FY 2025 Earnings Guidance

by · The Cerbat Gem

CoreCard (NYSE:CCRD – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.880-0.940 for the period, compared to the consensus EPS estimate of 0.620. The company issued revenue guidance of $60.0 million-$64.0 million, compared to the consensus revenue estimate of $57.0 million. CoreCard also updated its Q4 2024 guidance to 0.070-0.090 EPS.

Wall Street Analysts Forecast Growth

Separately, B. Riley lowered shares of CoreCard from a “buy” rating to a “neutral” rating and decreased their target price for the company from $19.00 to $15.00 in a research note on Thursday, October 3rd.

View Our Latest Stock Report on CCRD

CoreCard Stock Up 3.8 %

Shares of NYSE:CCRD traded up $0.57 during trading on Friday, reaching $15.59. 45,570 shares of the company traded hands, compared to its average volume of 20,898. The firm has a fifty day simple moving average of $14.05 and a 200 day simple moving average of $13.46. The firm has a market cap of $125.09 million, a P/E ratio of 31.82 and a beta of 0.39. CoreCard has a 1-year low of $10.02 and a 1-year high of $17.64. The company has a quick ratio of 5.08, a current ratio of 5.08 and a debt-to-equity ratio of 0.04.

CoreCard (NYSE:CCRD – Get Free Report) last released its quarterly earnings data on Thursday, August 1st. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.04. CoreCard had a net margin of 7.32% and a return on equity of 7.67%. The business had revenue of $13.80 million during the quarter, compared to analyst estimates of $12.13 million. During the same quarter in the previous year, the business earned $0.22 EPS. Analysts anticipate that CoreCard will post 0.48 earnings per share for the current fiscal year.

CoreCard Company Profile

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CoreCard Corporation, together with its subsidiaries, offers technology solutions and processing services to the financial technology and services market in the United States, Europe, and the Middle East. It designs, develops, and markets a suite of software solutions to program managers, accounts receivable businesses, financial institutions, retailers, and processors to manage their credit and debit cards, prepaid cards, private label cards, fleet cards, buy now pay later programs, loyalty programs, and accounts receivable and loan transactions.

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