29.07.2013 22:11:50
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R.R. Donnelley & Sons Q2 Profit Shrinks, Re-affirms FY13 Revenue Outlook
(RTTNews) - R.R. Donnelley & Sons Co. (RRD) Monday reported second-quarter earnings of $65.4 million or $0.36 per share, down from $88.8 million or $0.49 per share in the same period last year.
Adjusted earnings for the quarter was $82.5 million or $0.45 per share. On average, five analysts polled by Thomson Reuters expected the company to earn $0.42 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues improved 1.7 percent to $2.57 billion from $2.53 billion last year. Analysts expected revenues of $2.50 billion.
Looking ahead, the company has reaffirmed its full-year 2013 revenue guidance range of $10.1 billion to $10.3 billion. Analysts currently expect full-year revenues of $10.22 billion.
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