RR Donnelley (RRD) Misses Q4 EPS by 2c, Revenues Beat; Offers FY20 EPS/Revenue Mid-Point Guidance Below Consensus
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RRD Reports Fourth Quarter and Full Year 2019 Results
February 25, 2020 4:15 PM ESTTotal Debt Down $273 Million From Year Ago Period; Cumulative Reduction Since 2016 Now Totals $569 Million
Year End Availability Under Credit Facility of $634 Million Sufficient to Repay Upcoming 2020 and 2021 Maturities; Highest Level of Availability Since 2016 Spin
Issues 2020 Guidance Midpoint Would Reflect Significant Improvement in EPS and Cash Flow; Expects Additional Cash From Monetizing Assets
CHICAGO--(BUSINESS WIRE)-- R.R. Donnelley & Sons Company (NYSE: RRD) (RRD or the Company) today reported financial results for the fourth quarter and full year of 2019.
Full year key messages
Reported... More