We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Donnelley (R.R.) & Sons Co. | NYSE:RRD.WI | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0 | - |
R.R. Donnelley & Sons Co. (RRD) swung to a fourth-quarter profit from a year-earlier quarter stung by higher charges as sales increased and the company saw improvement in both of its reporting segments.
President and Chief Executive Thomas J. Quinlan III said that for the full year, the company "saw a significant increase in the number of customers purchasing multiple products and services from us," and he also noted he expects the "positive trends achieved in 2010 to continue throughout 2011."
The biggest commercial printer in the U.S. by market value has experienced a turnaround in its results lately. Earlier, it suffered from lagging demand as publishers cut back on print runs for magazines, catalogs and books.
R.R. Donnelley posted a profit of $27 million, or 13 cents a share, from a loss of $79.5 million, or 39 cents a share, a year earlier. Excluding items such as restructuring, impairment and acquisition-related costs, earnings were 51 cents, up from 46 cents. Revenue increased 4.8% to $2.71 billion.
Analysts polled by Thomson Reuters most recently forecast a profit of 46 cents on $2.66 billion in revenue.
Gross margin fell to 23.1% from 23.3% as the company said it saw continued price pressure and higher pension and other benefits-related expenses.
Revenue in the U.S., the company's primary focus, rose 5.3% as earnings rose to $127.3 million from $71.4 million. International revenue rose 3.5% and the segment swung to a profit.
Shares closed Friday at $19.39 and were inactive premarket. The stock has fallen 4.7% in the past year.
-By Matt Jarzemsky and Nathan Becker, Dow Jones Newswires; 212-416-2240; matthew.jarzemsky@dowjones.com
1 Year Donnelley (R.R.) & Sons Co. Chart |
1 Month Donnelley (R.R.) & Sons Co. Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions