CPI Card Group Inc. Stock Earnings Reports
CPI Card Group. Earnings Calls
Release date | Mar 06, 2025 |
EPS estimate | $0.520 |
EPS actual | - |
Revenue estimate | 120.538M |
Revenue actual | - |
Expected change | +/- 20.91% |
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% |
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% |
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.
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% |
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% |
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% |
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.