03.08.2016 12:33:45
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R.R. Donnelley & Sons Company Announces 15% Retreat In Q2 Profit
(RTTNews) - R.R. Donnelley & Sons Company (RRD) reported a profit for second quarter that fell compared to the same period last year.
The company said its earnings totaled $71.1 million, or $0.34 per share. This was lower than $83.6 million, or $0.41 per share, in last year's second quarter.
Analysts had expected the company to earn $0.28 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 0.7% to $2.73 billion. This was down from $2.75 billion last year.
R.R. Donnelley & Sons Company earnings at a glance:
-Earnings (Q2): $71.1 Mln. vs. $83.6 Mln. last year. -Earnings Decline (Y-o-Y): -15.0% -EPS (Q2): $0.34 vs. $0.41 last year. -EPS Decline (Y-o-Y): -17.1% -Analysts Estimate: $0.28 -Revenue (Q2): $2.73 Bln vs. $2.75 Bln last year. -Revenue Change (Y-o-Y): -0.7%
-Guidance: Full year revenue guidance: $11.3 - $11.5 Bln
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