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Abhoy Sarkar's Avatar
published in Blogs
Feb 24, 2021

R.R. Donnelley (RRD, $3.13) tops Q4 earnings expectations

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.

 

 

Related Ticker: RRD
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4 Accurate Predictions Made by AI for $OGN.X

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MRNA
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Dem Sem, expert
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