RR Donnelley (RRD) Shares Tumble Amid Guidance from Conference Call
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Price: $10.84 --0%
Financial Fact:
Income tax expense (benefit): 12.5M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Income tax expense (benefit): 12.5M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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Shares of RR Donnelley (NYSE: RRD) are sinking midday following guidance on the company's Q3 conference call.
The company now expects to report FY11 sales of $10.7-$10.8 billion, which compares to the Street estimate of $10.59 billion.
Non-GAAP operating margin for the fourth quarter is expected to be in the range of 6.8-7%. Sees Q4 pro-forma growth of 1.6 percent.
The company now expects to report FY11 sales of $10.7-$10.8 billion, which compares to the Street estimate of $10.59 billion.
Non-GAAP operating margin for the fourth quarter is expected to be in the range of 6.8-7%. Sees Q4 pro-forma growth of 1.6 percent.
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