CPI Card Group. Earnings Calls

Q4 2024 (Upcoming)
Release date Mar 06, 2025
EPS estimate $0.520
EPS actual -
Revenue estimate 120.538M
Revenue actual -
Expected change +/- 20.91%
Q3 2024 Beat
$0.660 (32.00%)
Release date Nov 05, 2024
EPS estimate $0.500
EPS actual $0.660
EPS Surprise 32.00%
Revenue estimate 120.538M
Revenue actual 124.751M
Revenue Surprise 3.50%
Q2 2024 Missed
$0.510 (-12.07%)
Release date Aug 05, 2024
EPS estimate $0.580
EPS actual $0.510
EPS Surprise -12.07%
Revenue estimate 111.63M
Revenue actual 118.818M
Revenue Surprise 6.44%
Q1 2024 Beat
$0.460 (12.20%)
Release date May 07, 2024
EPS estimate $0.410
EPS actual $0.460
EPS Surprise 12.20%
Revenue estimate 103.63M
Revenue actual 111.936M
Revenue Surprise 8.02%

Last 4 Quarters for CPI Card Group.

Below you can see how PMTS performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.

Q1 2024 Beat
Release date May 07, 2024
Fiscal end date Mar 31, 2024
Price on release $20.54
EPS estimate $0.410
EPS actual $0.460
EPS surprise 12.20%
Date Price
May 01, 2024 $17.57
May 02, 2024 $17.99
May 03, 2024 $17.48
May 06, 2024 $18.21
May 07, 2024 $20.54
May 08, 2024 $21.14
May 09, 2024 $21.00
May 10, 2024 $21.84
May 13, 2024 $22.85
4 days before 16.90%
4 days after 11.25%
On release day 2.92%
Change in period 30.05%
Q2 2024 Missed
Release date Aug 05, 2024
Fiscal end date Jun 30, 2024
Price on release $28.58
EPS estimate $0.580
EPS actual $0.510
EPS surprise -12.07%
Date Price
Jul 30, 2024 $28.30
Jul 31, 2024 $29.33
Aug 01, 2024 $28.43
Aug 02, 2024 $26.34
Aug 05, 2024 $28.58
Aug 06, 2024 $23.50
Aug 07, 2024 $25.06
Aug 08, 2024 $25.20
Aug 09, 2024 $25.87
4 days before 0.99%
4 days after -9.48%
On release day -17.77%
Change in period -8.59%
Q3 2024 Beat
Release date Nov 05, 2024
Fiscal end date Sep 30, 2024
Price on release $24.14
EPS estimate $0.500
EPS actual $0.660
EPS surprise 32.00%
Date Price
Oct 30, 2024 $22.84
Oct 31, 2024 $21.50
Nov 01, 2024 $21.83
Nov 04, 2024 $22.54
Nov 05, 2024 $24.14
Nov 06, 2024 $26.79
Nov 07, 2024 $27.36
Nov 08, 2024 $27.91
Nov 11, 2024 $27.50
4 days before 5.69%
4 days after 13.92%
On release day 10.98%
Change in period 20.40%
Q4 2024 (Upcoming)
Release date Mar 06, 2025
Fiscal end date Dec 30, 2024
Price on release -
EPS estimate $0.520
EPS actual -
Date Price
Feb 06, 2025 $28.89
Feb 07, 2025 $28.43
Feb 10, 2025 $28.99
Feb 11, 2025 $28.88
Feb 12, 2025 $28.62

CPI Card Group. Earnings Call Transcript Summary of Q3 2024

  • This quarter represented the second largest sales in the company’s history.
  • Product Growth: The card segment, particularly eco-focused contactless cards, led sales growth, with product sales rising by 25%. Prepaid business also performed well, with a 13% increase in sales.
  • Profitability Improvements: Gross margins improved by 170 basis points from the previous year, reaching 35.8%. Adjusted EBITDA margins remained stable at 20.1%.
  • Debt Management: CPI completed significant refinancing by issuing new Senior Notes due in 2029, impacting net income due to related costs but enhancing liquidity for future operations.

Strategic Developments:

  • Innovation: The introduction of advanced contactless chips that integrate antennae into the chip itself was announced, aiming to reduce production costs and carbon footprint. Full adoption is expected to take several years.
  • Digital Solutions Expansion: Strong advances in Card@Once instant issuance and growing market interest in embedded digital solutions indicate a promising future for non-traditional revenue streams, including partnerships for fraud prevention analytics.
  • Market Dynamics: U.S. cards in circulation continue to increase, suggesting a stable outlook for the industry, with CPI positioning itself to capture market share through innovation and customer service improvements.

Updated Outlook for 2024:

  • Revised Guidance: The company raised its projections for net sales to mid to high single-digit growth and adjusted EBITDA to low single-digit growth, reflecting consistent demand across its product portfolio.
  • Free Cash Flow: Expectations for free cash flow have improved due to anticipated working capital improvements and lower capital spending.

Financial Stability:

  • Leverage Ratio: The net leverage ratio at 3.2x indicates slight improvement, despite expenses related to recent debt refinancing.
  • Cash Position: As of Q3, CPI held $14.7 million in cash and no borrowings on its asset-based revolving credit facility, positioning it well for future growth.

With an enhanced product offering, particularly in eco-friendly card technology and a focus on digital solutions, the company is well-positioned for growth. The updated financial outlook indicates management's confidence in maintaining momentum heading into 2025, aided by improved operational efficiencies and a strong balance sheet strategy. Investors should note potential challenges in channel inventory normalization but can expect continued positive trends in core markets.

CPI Card Group. Earnings History

Earnings Calendar

FAQ

When is the earnings report for PMTS?
CPI Card Group Inc. (PMTS) has scheduled its earnings report for Mar 06, 2025 before the markets open.

What is the PMTS price-to-earnings (P/E) ratio?
PMTS P/E ratio as of Feb 12, 2025 (TTM) is 20.80.

What is the PMTS EPS forecast?
The forecasted EPS (Earnings Per Share) for CPI Card Group Inc. (PMTS) for the first fiscal quarter 2024 is $0.520.

What are CPI Card Group Inc.'s retained earnings?
On its balance sheet, CPI Card Group Inc. reported retained earnings of $124.75 million for the latest quarter ending Sep 30, 2024.

What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.

Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.

What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
Click to get the best stock tips daily for free!
ABOUT CPI CARD GROUP INC.
CPI Card Group.
CPI Card Group Inc., together with its subsidiaries, engages in the design, production, data personalization, packaging, and fulfillment of financial payment cards. It operates through Debit and Credit, and Prepaid Debit segments. The Debit and Credit segment produces financial payment cards and provides integrated card services to card-issuing banks. Its products include Europay, Mastercard, And Visa (EMV) and non-EMV financial payment cards and...
GOLDEN STAR
Ticker Change Signal Date
LFUS
$234.72
3.32% Feb 10
ITW
$255.56
0.192% Feb 07
O
OBDC
$15.00
2.20% Feb 07
GGB
$2.95
2.37% Feb 06
BUD
$49.11
6.45% Feb 05

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE