American Reprographics (ARP) Reports In-line Earnings for Q3; Reaffirms FY Guidance

American Reprographics (NYSE: ARP) reports Q3 EPS of $0.01, in-line with the analyst estimate of $0.01. Revenue for the quarter was $109.4 million, which compares to the estimate of $109.55 million.

The Company reaffirmed its revised annual earnings per share and cash flow from operations forecast for 2010, excluding the impairment of goodwill and any other one-time charges that may be incurred through December 31, 2010. EPS for the full year of 2010 is forecast to be in the range of $0.04 to $0.09 on a fully-diluted basis (Consensus is $.06). Cash flow from operations for the same period is projected to be in the range of $50 million to $60 million.

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