03.05.2016 12:43:13
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R.R. Donnelley & Sons Company Profit Drops 9% In Q1
(RTTNews) - R.R. Donnelley & Sons Company (RRD) revealed earnings for first quarter that decreased compared to the same period last year.
The company said its profit came in at $47.2 million, or $0.22 per share. This was down from $51.9 million, or $0.26 per share, in last year's first quarter.
Analysts had expected the company to earn $0.18 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 3.6% to $2.65 billion. This was down from $2.75 billion last year.
R.R. Donnelley & Sons Company earnings at a glance:
-Earnings (Q1): $47.2 Mln. vs. $51.9 Mln. last year. -Earnings Decline (Y-o-Y): -9.1% -EPS (Q1): $0.22 vs. $0.26 last year. -EPS Decline (Y-o-Y): -15.4% -Analysts Estimate: $0.18 -Revenue (Q1): $2.65 Bln vs. $2.75 Bln last year. -Revenue Change (Y-o-Y): -3.6%
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