Rock-Tenn Co. (RKT) Misses Q2 EPS by 24c

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.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Diana Shipping drops bid for Genco after price demands spike to $36.91
• Diana Shipping withdraws bid to acquire Genco Shipping