Deluxe Corp. Revises FY18 Outlook - Quick Facts

(RTTNews) - Deluxe Corp. (DLX) announced, for fiscal 2018, the company now expects: adjusted EPS in a range of $5.60 to $5.80, compared to prior guidance range of $5.55 to $5.80. Revenue is now projected to be in a range of $2.065 to $2.085 billion, revised from prior guidance range of $2.065 to $2.105 billion.

For the second-quarter, the company expects: adjusted EPS in a range of $1.29 to $1.35; and revenue in the range of $492 to $499 million.

First-quarter adjusted EPS was $1.39, up 11.2% year-over-year. Revenue increased 0.8% to $491.9 million, driven by Small Business Services growth of 2.7% which includes the results of several small tuck-in acquisitions. Financial Services revenue was flat compared to the prior year.