CoreCard (NYSE:CCRD) Issues FY 2025 Earnings Guidance

CoreCard (NYSE:CCRD) 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.

Analyst Ratings Changes

Separately, B. Riley cut CoreCard from a “buy” rating to a “neutral” rating and cut their price target for the company from $19.00 to $15.00 in a report on Thursday, October 3rd.

CoreCard Price Performance

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

CoreCard (NYSE:CCRD) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $12.13 million. During the same quarter last year, the business earned $0.22 earnings per share. Equities research analysts anticipate that CoreCard will post 0.48 EPS for the current fiscal year.

CoreCard Company Profile

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.