Quad/Graphics Inc reports results for the quarter ended June 30 - Earnings Summary

• Quad/Graphics Inc QUAD reported quarterly adjusted earnings of 14 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of two analysts for the quarter was for earnings of 14 cents per share. Wall Street expected results to range from 12 cents to 16 cents per share.

• Revenue fell 9.8% to $571.90 million from a year ago; analysts expected $555.05 million.

• Quad/Graphics Inc's reported EPS for the quarter was breakeven results​.

• The company reported a quarterly loss of $100 thousand.

• Quad/Graphics Inc shares had risen by 4.1% this quarter and lost 15.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the commercial printing services peer group is "buy."

• Wall Street's median 12-month price target for Quad/Graphics Inc is $9.45, about 38.6% above its last closing price of $5.80

This summary was machine generated from LSEG data July 29 at 09:57 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)