Cimpress (CMPR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
CMPR's focus on improving investment quality, new products, and operating margins has earned it a "buy" rating. Improved cash flows and debt refinancing mitigate risks from negative shareholders' equity. Positive economic indicators boost customer count and margins, supporting revenue and EBITDA growth.
CMPR benefits from strength across its businesses and cost-control measures. Rising operating costs, along with high debt levels, remain concerns.
CMPR completes its private offering of $525 million in 7.375% senior notes due 2032. The notes will pay interest semi-annually.
CMPR prices senior notes worth $525 million in aggregate principal amount. The net proceeds will be used for the full redemption of its existing 7% senior notes due 2026.
CMPR intends to use the net proceeds from the offering of its senior notes for the full redemption of its existing 7% senior notes due 2026.
CMPR benefits from solid momentum across its segments. However, increasing costs and expenses remain a concern.
Cimpress plc (NASDAQ:CMPR ) Q4 2024 Results Conference Call August 1, 2024 8:00 AM ET Company Participants Meredith Burns - Vice President of Investor Relations Sean Quinn - Executive VP & CFO Robert Keane - Founder, Chairman & CEO Operator Welcome to the Cimpress Q4 FY 2024 Earnings Call. I will introduce Meredith Burns, Vice President of Investor Relations and Sustainability.
Cimpress' (CMPR) fiscal fourth-quarter organic constant-currency revenues increase 6% year over year due to growth across each of its businesses.
While the top- and bottom-line numbers for Cimpress (CMPR) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Cimpress (CMPR) came out with quarterly earnings of $4.33 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $1.08 per share a year ago.