ARC Document Solutions (ARC) Misses Q1 EPS by 1c, Miss on Revenues; Positive FY17 EPS Guidance

ARC Document Solutions (NYSE: ARC) reported Q1 EPS of $0.04, $0.01 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $98.7 million versus the consensus estimate of $100.29 million.

GUIDANCE:

ARC Document Solutions sees Q2 2017 EPS of $0.24-$0.29, versus the consensus of $0.24.

Outlook

ARC Document Solutions maintained is annual forecast for 2017, anticipating fully-diluted annual adjusted earnings per share to be in the range of $0.24 to $0.29; annual adjusted cash provided by operating activities is projected to be in the range of $49 to $54 million; and annual adjusted EBITDA is forecast to be in the range of $58 million to $63 million.

For earnings history and earnings-related data on ARC Document Solutions (ARC) click here.

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