Marketing experience firm Quad Q3 net sales miss estimates on Europe operations divestiture

Quad/Graphics

28/10/2025 20:39

Overview

Quad Q3 net sales fell 13% yr/yr, missing analyst expectations, per LSEG data

Adjusted EPS for Q3 beats consensus, rising 19% yr/yr

Company returned $19 mln to shareholders through dividends and share repurchases

Outlook

Quad narrows full-year 2025 adjusted net sales decline to 3% to 5%

Company expects 2025 adjusted EBITDA between $190 mln and $200 mln

Quad anticipates 2025 free cash flow of $50 mln to $60 mln

Result Drivers

EUROPEAN DIVESTITURE - Net sales decline partly due to 6% impact from divestiture of European operations

AI INVESTMENTS - Co invests in AI-powered tools to enhance audience intelligence and drive future growth

IN-STORE CONNECT - Co builds momentum for In-Store Connect retail media network to increase brand and product sales

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Sales
Miss
$588 mln
$605.15 mln (2 Analysts)
Q3 Adjusted EPS
Beat
$0.31
$0.27 (2 Analysts)
Q3 Net Income
$10 mln
Q3 Adjusted EBITDA
$53 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the commercial printing services peer group is "buy."

Wall Street's median 12-month price target for Quad/Graphics Inc is $9.30, about 36.1% above its October 27 closing price of $5.94

The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 6 three months ago

Press Release: ID:nPnY2sDXa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)