Veritiv Announces Third Quarter 2020 Financial Results

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Veritiv (VRTV) Tops Q3 EPS by $1.90, Revenues Beat

November 5, 2020 8:03 AM EST

Veritiv (NYSE: VRTV) reported Q3 EPS of $1.30, $1.90 better than the analyst estimate of ($0.60). Revenue for the quarter came in at $1.59 billion versus the consensus estimate of $1.52 billion.

For the three months ended September 30, 2020, compared to the three months ended September 30, 2019:

Net sales were $1.6 billion, a decrease of 17.3% from the prior year. The foreign currency effect on net sales was negligible.Net income was... More