RRD Reports First Quarter 2021 Results

Go back to RRD Reports First Quarter 2021 Results

RR Donnelley (RRD) Misses Q1 EPS by 7c, Revenues Beat; Offers 2Q Revenues Guidance Above Consensus

April 27, 2021 4:20 PM EDT

RR Donnelley (NYSE: RRD) reported Q1 EPS of $0.08, $0.07 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $1.17 billion versus the consensus estimate of $1.12 billion.

Q1 Key messages

GAAP net sales, including the impact of a disposition and foreign exchange, decreased 3.6%; Non-GAAP organic net sales decreased 4.3%; both decline rates improved from the prior three quartersBoth GAAP and Non-GAAP income from operations and margins down from strong prior year results; both benefitted from continued cost reductions, but negatively impacted by approximately $11 million of unfavorable foreign exchangeGAAP loss per share... More