RR Donnelley & Sons (NYSE:RRD) issued its quarterly earnings results on Tuesday. The business services provider reported ($0.03) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.15) by $0.12, Briefing.com reports. RR Donnelley & Sons had a negative return on equity of 21.78% and a negative net margin of 0.15%. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same quarter in the previous year, the company posted ($0.09) earnings per share. The company’s revenue was down 10.2% compared to the same quarter last year. RR Donnelley & Sons updated its FY 2019 guidance to $0.60-0.90 EPS and its FY19 guidance to $0.60-0.90 EPS.
Shares of NYSE RRD traded up $0.21 during midday trading on Wednesday, reaching $2.02. The company had a trading volume of 2,761,494 shares, compared to its average volume of 997,293. RR Donnelley & Sons has a one year low of $1.67 and a one year high of $6.76. The company’s fifty day simple moving average is $2.05. The company has a market cap of $151.87 million, a PE ratio of 2.89 and a beta of 1.67.
Separately, Zacks Investment Research raised RR Donnelley & Sons from a “sell” rating to a “hold” rating in a research note on Tuesday, July 9th.
R.R. Donnelley & Sons Company, an integrated communications provider, enables organizations to create, manage, deliver, and optimize their multichannel marketing and business communications. It operates through Business Services and Marketing Solutions segments. The Business Services segment offers commercial printing products and branded materials, including manuals, publications, brochures, business cards, flyers, post cards, posters, and promotional items; and specialized transportation and distribution services.
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