Veritiv Announces First Quarter 2019 Financial Results

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Go back to Veritiv Announces First Quarter 2019 Financial Results

Veritiv (VRTV) Misses Q1 EPS by 97c, Revenues Miss

May 9, 2019 8:01 AM EDT

Veritiv (NYSE: VRTV) reported Q1 EPS of ($1.68), $0.97 worse than the analyst estimate of ($0.71). Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $2.11 billion.

"In the first quarter we generated a significant improvement in cash flow. However, volume declines in our Print segment and general market softness impacted our revenues and earnings," said Mary Laschinger, Chairman and CEO of Veritiv Corporation. "Given the challenging market conditions in certain... More