United Stationers (USTR) Beats Q3 View By 30c
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United Stationers Inc. (Nasdaq: USTR) reports Q3 EPS of $1.26, 30 cents better than the analyst estimate of $0.96. Revenue for the quarter was $1.3 billion, versus the consensus of $1.26 billion.
Looking ahead, Richard Gochnauer, president and chief executive officer, stated, "October sales to date are off to a slower start, trending up about 5% versus last year. Over the next few months, we expect sales and margin to reflect the benefit of announced manufacturer price increases."
United Stationers Inc. (United) is a broad line wholesale distributor of business products.
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