Veritiv Announces Third Quarter 2019 Financial Results
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Veritiv (VRTV) Misses Q3 EPS by 26c, Revenues Miss
November 5, 2019 8:02 AM ESTVeritiv (NYSE: VRTV) reported Q3 EPS of $0.31, $0.26 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $2.04 billion.
"Our consolidated third quarter results were highlighted by strong cash flow, as well as improved margins and Adjusted EBITDA in Packaging and Facility Solutions. However, challenges in our Print segment negatively impacted our overall revenues and earnings," said Mary Laschinger, Chairman and CEO of Veritiv Corporation. "Given the year-to-date performance in Print,... More
