RockTenn (RKT) Reports Improved Q2 EPS of $0.85

RockTenn (NYSE: RKT) reported Q2 EPS of $0.85, versus $0.63 reported last year. Revenue for the quarter came in at $2.46 billion, versus $2.39 billion reported last year.

Restructuring and Other Costs and Operating Losses and Transition Costs due to Plant Closures

RockTenn's restructuring and other costs and operating losses and transition costs due to plant closures for the second quarter of fiscal 2015 were $0.08 per diluted share after-tax. These costs primarily consisted of $14 million of pre-tax acquisition and integration costs largely associated with the proposed transaction with MeadWestvaco and $3 million of pre-tax facility closure charges. The facility closure charges were primarily associated with on-going closure costs for previously closed facilities.

For earnings history and earnings-related data on RockTenn (RKT) click here.

You May Also Be Interested In

• onsemi downgraded by TD Cowen after Synaptics deal clouds growth story
• UBS Downgrades Grand Korea Leisure (114090:KS) to Neutral
• Hyperscale Data acquires 48.5 acres to expand Michigan campus