CoreCard Corp (CCRD) Q3 2024: Everything You Need To Know Ahead Of Earnings

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Oct 30, 2024

CoreCard Corp (CCRD, Financial) is set to release its Q3 2024 earnings on Oct 31, 2024. The consensus estimate for Q3 2024 revenue is $13 million, and the earnings are expected to come in at $0.17 per share. The full year 2024's revenue is expected to be $54.07 million and the earnings are expected to be $0.57 per share. More detailed estimate data can be found on the Forecast page.

CoreCard Corp (CCRD, Financial) Estimates Trends

Over the past 90 days, revenue estimates for CoreCard Corp (CCRD) for the full year 2024 have increased from $51.43 million to $54.07 million, while the estimate for 2025 remains steady at $57 million. Earnings estimates for the full year 2024 have risen from $0.33 per share to $0.57 per share, with the 2025 estimate remaining constant at $0.62 per share.

CoreCard Corp (CCRD, Financial) Reported History

In the previous quarter of 2024-06-30, CoreCard Corp's (CCRD) actual revenue was $13.8 million, which beat analysts' revenue expectations of $12.125 million by 13.79%. CoreCard Corp's (CCRD) actual earnings were $0.11 per share, which beat analysts' earnings expectations of $0.05 per share by 120%. After releasing the results, CoreCard Corp (CCRD) was up by 3.19% in one day.

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CoreCard Corp (CCRD, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 1 analyst, the average target price for CoreCard Corp (CCRD) is $15 with a high estimate of $15 and a low estimate of $15. The average target implies an upside of 9.65% from the current price of $13.68.

Based on GuruFocus estimates, the estimated GF Value for CoreCard Corp (CCRD, Financial) in one year is $22.67, suggesting an upside of 65.72% from the current price of $13.68.

Based on the consensus recommendation from 1 brokerage firm, CoreCard Corp's (CCRD, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.