LSC Communications, Inc. (LKSD) Misses Q2 EPS by 2c, Miss on Revenues; Reduces High-End of FY Revenue Range

LSC Communications, Inc. (NYSE: LKSD) reported Q2 EPS of $0.59, $0.02 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $848 million versus the consensus estimate of $876.28 million.

2Q 2017 Highlights:

• Net sales of $848 million compared to $906 million in the second quarter of 2016
• GAAP net income of $5 million, or $0.12 per diluted share
• Non-GAAP net income of $21 million, or $0.59 per diluted share
• Non-GAAP adjusted EBITDA of $82 million, or 9.7% of net sales, compared to $93 million, or 10.3% of net sales, in the second quarter of 2016
• Company updates full-year 2017 guidance

GUIDANCE:

LSC Communications, Inc. sees FY2017 revenue of $3.55-3.6 million, versus the consensus of $3.54 million.

For earnings history and earnings-related data on LSC Communications, Inc. (LKSD) click here.

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