Deluxe Corp. Updates 2017 Outlook - Quick Facts

(RTTNews) - Deluxe Corp. (DLX) announced, for fiscal 2017, the company now expects adjusted EPS in a range of $5.25 to $5.30, up from prior guidance range of $5.20 to $5.30. The company currently estimates revenue in a range of $1.965 to $1.975 billion, up from prior outlook of $1.955 to $1.975 billion.

Third-quarter adjusted EPS increased 8.2% year-over-year driven by favorable operating performance. Revenue increased 8.5% year-over-year, driven by Small Business Services which grew 2.5% and includes the results of several small tuck-in acquisitions and from growth in Financial Services of 28.0% driven by the results of FMCG Direct and Data Support Systems, which were acquired in the fourth quarter of 2016 and RDM Corporation, which was acquired in April 2017.