Quad/Graphics, Inc. (QUAD) Issues Earnings Results, Beats Estimates By $0.05 EPS
Quad/Graphics, Inc. (NYSE:QUAD) announced its quarterly earnings results on Tuesday. The business services provider reported $0.46 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.05, Bloomberg Earnings reports. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1.01 billion. Quad/Graphics had a return on equity of 5.85% and a net margin of 0.71%. The firm’s quarterly revenue was down 4.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.48 earnings per share.
Quad/Graphics (QUAD) traded down 1.58% during midday trading on Wednesday, hitting $22.43. The stock had a trading volume of 233,701 shares. The company has a 50-day moving average price of $22.26 and a 200-day moving average price of $22.24. The company has a market cap of $1.17 billion, a price-to-earnings ratio of 14.42 and a beta of 1.44. Quad/Graphics has a 12-month low of $18.16 and a 12-month high of $29.04.
In other news, Director Douglas P. Buth bought 2,600 shares of the firm’s stock in a transaction dated Friday, August 4th. The stock was bought at an average price of $18.74 per share, for a total transaction of $48,724.00. The purchase was disclosed in a document filed with the SEC, which is available at this link. 9.28% of the stock is currently owned by company insiders.
Several equities research analysts have recently weighed in on the company. BidaskClub raised Quad/Graphics from a “sell” rating to a “hold” rating in a report on Thursday, September 28th. TheStreet downgraded Quad/Graphics from a “b-” rating to a “c+” rating in a report on Friday, August 4th.
Quad/Graphics Company Profile
Quad/Graphics, Inc is a marketing services provider. The Company’s segments are United States Print and Related Services, International and Corporate. The United States Print and Related Services segment consists of the Company’s United States printing operations. The United States Print and Related Services segment includes retail inserts, publications, catalogs, special interest publications, journals, direct mail, books, directories, in-store marketing and promotion, packaging, newspapers, custom print products, other commercial and specialty printed products, and global paper procurement.
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