R.R. Donnelley & Sons beat analysts’ expectations on fourth-quarter earnings.
The commercial printing company’s adjusted earnings in the quarter came in at 71 cents a share, well above the 21 cents expected by analysts surveyed by FactSet. Net sales fell -5.6% year-over-year to $1.35 billion, compared to $1.6 billion predicted by analysts.
The company expects net sales in the first quarter to range from $1.1 billion to $1.15 billion, down 5% to 10% excluding acquisitions. Analysts polled by FactSet expect $1.1 billion.
For 2021, R.R. Donnelley projects that net sales would be flat to up low-single digits percent.
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
a provider of integrated communications services such as advertising, book publishing, business process outsourcing, direct mail and logistics services
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