Deluxe Cuts 2017 EPS View

(RTTNews) - Deluxe Corp. (DLX) said it now expects earnings per share for fiscal year 2017 to be in the range of $5.06 to $5.21, compared to the prior outlook of $5.10 to $5.30 per share.

Annual non-GAAP earnings per share now expected to between $5.15 and $5.30 compared to the previous estimation of $5.10 to $5.30 per share.

The company projects revenue for fiscal year 2017 to be in the range of $1.945 billion to $1.975 billion, compared to the prior guidance of $1.935 billion to $1.975 billion.

Analysts polled by Thomson Reuters expect the company to report earnings of $5.21 per share and revenues of $1.95 billion for fiscal year 2017. Analysts' estimates typically exclude special items.

For the second-quarter, the company expects earnings per share to be in the range of $1.23 to $1.28, and revenue of $476 million to $484 million. Analysts expect the company to report earnings of $1.24 per share and revenues of $472.67 million for the second-quarter.

The company anticipates earnings per share to be in the range of $1.20 to $1.25, and revenue of $483 million to $492 million for the third-quarter.