RR Donnelley (RRD) Tops Q4 EPS by 50c, Revenues Beat; Offers 1Q Revenues Mid-Point Guidance Above Consensus
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RRD Reports Fourth Quarter and Full Year 2020 Results
February 23, 2021 4:15 PM ESTNET SALES IMPROVED SEQUENTIALLY FROM PREVIOUS TWO QUARTERS AND EXCEEDED MID-POINT OF PRIOR EXPECTED RANGE BY MORE THAN $150 MILLION
GAAP EPS FROM CONTINUING OPERATIONS IN FOURTH QUARTER INCREASED $0.41 FROM PRIOR YEAR; NON-GAAP ADJUSTED EPS FROM CONTINUING OPERATIONS INCREASED $0.28
TOTAL DEBT DOWN OVER $500 MILLION IN THE QUARTER AND DOWN OVER $300 MILLION FROM YEAR AGO PERIOD; CUMULATIVE REDUCTION SINCE 2016 NOW TOTALS NEARLY $900 MILLION; GROSS AND NET LEVERAGE IMPROVED SIGNIFICANTLY
TOTAL LIQUIDITY IMPROVED TO $865 MILLION, $322 MILLION HIGHER THAN THIRD QUARTER
CHICAGO--(BUSINESS WIRE)-- R.R. Donnelley & Sons Company (NYSE:... More
