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

Quad/Graphics

31/10/2023 21:57

* Quad/Graphics Inc  QUAD.N  reported quarterly adjusted
earnings
of 11 cents​​ per share for the quarter ended in September.  The
lone analyst forecast for the quarter was for earnings of 9
cents per share. 
    * Revenue was $700.20 million​; analysts expected $732.40
million. 
    * Quad/Graphics Inc's reported EPS for the quarter was a
loss of 6
cents​.
    * The company reported a quarterly loss of $2.7 million.
    * Quad/Graphics Inc shares had fallen by 1.2% this
quarter and
gained 21.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 125%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commercial
printing
services peer group is also "strong buy"

Wall Street's median 12-month price target for Quad/Graphics Inc
is $9.00 
This summary was machine generated from LSEG data October 31 at
09:56 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.09           0.11           Beat
 Jun. 30 2023      -0.05          0.02           Beat