Quad/Graphics Inc reports results for the quarter ended in September 30 - Earnings Summary

Quad/Graphics

29/10/2024 02:26

* Quad/Graphics Inc  QUAD.N  reported quarterly adjusted
earnings
of 26 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of 11 cents.  The mean expectation of two analysts
for the quarter was for earnings of 24 cents per share. Wall
Street expected results to range from 20 cents to 27 cents per
share.
    * Revenue fell 3.6% to $674.80 million from a year ago;
analysts
expected $662.95 million. 
    * Quad/Graphics Inc's reported EPS for the quarter was a
loss
of 52 cents​.
    * The company reported a quarterly loss of $24.7 million.
    * Quad/Graphics Inc shares had risen by 12.6% this
quarter and
lost 5.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 $8.05 
This summary was machine generated from LSEG data October 29 at
02:26 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.24           0.26           Beat
 Jun. 30 2024      0.09           0.12           Beat
 Mar. 31 2024      0.02           0.10           Beat
 Dec. 31 2023      0.13           0.23           Beat