Rock-Tenn Co. (RKT) Misses Q2 EPS by 24c
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Revenue Growth %: +16.8%
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Cash dividends paid per share: 0.32
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After the close, Rock-Tenn Co. (NYSE: RKT) reported Q2 EPS of $1.27, $0.24 worse than the analyst estimate of $1.51. Revenue for the quarter came in at $2.39 billion versus the consensus estimate of $2.4 billion.
RockTenn Chief Executive Officer, Steve Voorhees, stated, "Our 16% increase in segment income reflects well on our team's performance in an environment of severe weather during the March quarter. We generated $227 million of cash from operations and $171 million of free cash flow, or $2.34 per share, which is a 40% increase over the prior year quarter. We reduced our leverage ratio from 1.84 to 1.75 times; our balance sheet provides us with the wherewithal to invest in our business and continue to generate attractive free cash flow returns."
For earnings history and earnings-related data on Rock-Tenn Co. (RKT) click here.
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