Brokers Set Expectations for CPI Card Group Inc’s Q1 2019 Earnings (PMTS)
CPI Card Group Inc (NASDAQ:PMTS) (TSE:PNT) – Barrington Research issued their Q1 2019 EPS estimates for shares of CPI Card Group in a report released on Tuesday, March 12th. Barrington Research analyst G. Prestopino anticipates that the credit services provider will post earnings per share of ($0.54) for the quarter. Barrington Research also issued estimates for CPI Card Group’s Q2 2019 earnings at $0.02 EPS, Q3 2019 earnings at $0.08 EPS, Q4 2019 earnings at ($0.45) EPS, FY2019 earnings at ($0.88) EPS, Q1 2020 earnings at ($0.52) EPS, Q2 2020 earnings at $0.10 EPS, Q3 2020 earnings at $0.20 EPS, Q4 2020 earnings at ($0.41) EPS and FY2020 earnings at ($0.63) EPS.
CPI Card Group (NASDAQ:PMTS) (TSE:PNT) last issued its quarterly earnings data on Wednesday, March 6th. The credit services provider reported ($0.48) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.42). The business had revenue of $68.52 million for the quarter, compared to analysts’ expectations of $62.06 million.
An institutional investor recently raised its position in CPI Card Group stock. Renaissance Technologies LLC boosted its position in CPI Card Group Inc (NASDAQ:PMTS) (TSE:PNT) by 160.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,038 shares of the credit services provider’s stock after buying an additional 31,438 shares during the quarter. Renaissance Technologies LLC owned 0.46% of CPI Card Group worth $173,000 at the end of the most recent quarter. 5.70% of the stock is currently owned by institutional investors and hedge funds.
CPI Card Group Company Profile
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 U.S. Debit and Credit, U.S. Prepaid Debit, and U.K. Limited segments. The U.S. Debit and Credit segment produces financial payment cards and provides integrated card services to card-issuing banks in the United States.
Receive News & Ratings for CPI Card Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CPI Card Group and related companies with MarketBeat.com's FREE daily email newsletter.