Brokers Issue Forecasts for CPI Card Group Inc’s Q1 2019 Earnings (PMTS)

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CPI Card Group Inc (NASDAQ:PMTS) (TSE:PNT) – Stock analysts at Barrington Research issued their Q1 2019 earnings estimates for shares of CPI Card Group in a research note issued on Tuesday, March 12th. Barrington Research analyst G. Prestopino anticipates that the credit services provider will earn ($0.54) per share 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.

PMTS stock opened at $3.71 on Friday. CPI Card Group has a 1-year low of $1.93 and a 1-year high of $4.18.

CPI Card Group (NASDAQ:PMTS) (TSE:PNT) last released its earnings results on Wednesday, March 6th. The credit services provider reported ($0.48) earnings per share for the quarter, missing the consensus estimate 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 raised its holdings in shares of CPI Card Group Inc (NASDAQ:PMTS) (TSE:PNT) by 160.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 51,038 shares of the credit services provider’s stock after purchasing an additional 31,438 shares during the period. Renaissance Technologies LLC owned about 0.46% of CPI Card Group worth $173,000 as of its most recent SEC filing. 5.70% of the stock is owned by institutional investors.

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.

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Earnings History and Estimates for CPI Card Group (NASDAQ:PMTS)

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