RRD Reports Third Quarter 2020 Results
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RR Donnelley (RRD) Tops Q3 EPS by 19c, Revenues Miss
October 27, 2020 4:32 PM EDTRR Donnelley (NYSE: RRD) reported Q3 EPS of $0.32, $0.19 better than the analyst estimate of $0.13. Revenue for the quarter came in at $1.19 billion versus the consensus estimate of $1.26 billion.
Key messages
GAAP net sales decreased 15.9%; non-GAAP organic net sales decreased 12.1%GAAP income from operations was down $55.1 million versus the prior year primarily due to a $56.5 million increase in restructuring and other charges; current quarter included a charge for MEPP withdrawal obligations related to... More