RR Donnelley Posts Q1 Loss - Quick Facts

(RTTNews) - Print and related services provider R.R. Donnelley & Sons Co. (RRD) Thursday posted a net loss attributable to common shareholders of $29.0 million or $0.15 per share for the first quarter. This compares with last year's net profit attributable to common shareholders of $27.1 million or $0.15 per share.

The company's non-GAAP earnings per share totaled $0.31 per share. One analyst polled by Thomson Reuters expected earnings of $0.27 per share for the quarter. Analysts' estimates typically exclude special items.

First-quarter net sales grew more than 5 percent to $2.673 billion, while organic sales slid 0.1 percent. The company attributed the higher sales largely to the acquisition of Consolidated Graphics. One analyst expected sales to be $2.71 billion for the quarter.

Looking ahead to the full year 2014, the company now expects net sales of $11.5 billion - $11.8 billion, compared to prior guidance of $11.5 billion - $11.7 billion.