CoreCard (NYSE:CCRD) Announces Earnings Results

CoreCard (NYSE:CCRD) announced its quarterly earnings data on Thursday. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.17, Zacks reports. The firm had revenue of $14.82 million for the quarter, compared to the consensus estimate of $13.40 million. CoreCard had a net margin of 9.49% and a return on equity of 10.52%. CoreCard updated its FY 2025 guidance to 0.880-0.940 EPS and its Q1 2025 guidance to 0.150-0.190 EPS.

CoreCard Trading Down 6.4 %

CCRD opened at $21.54 on Friday. The company’s 50 day moving average is $22.64 and its 200-day moving average is $18.12. CoreCard has a 1-year low of $10.02 and a 1-year high of $24.97. The company has a current ratio of 4.90, a quick ratio of 4.90 and a debt-to-equity ratio of 0.04. The company has a market cap of $170.16 million, a P/E ratio of 32.15 and a beta of 0.50.

Analyst Ratings Changes

Separately, B. Riley restated a “neutral” rating and issued a $21.00 price target (up from $16.00) on shares of CoreCard in a research note on Friday.

About CoreCard

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.