RR Donnelley Misses in Q1 – Zacks Tale of the Tape
Source: http://www.zacks.com/stock/news/19892/RR+Donnelley+Misses+in+Q1+-+Zacks+Tale+of+the+TapePosted on Wednesday, May 6th, 2009 | In Market Commentary, Stocks to Watch
R.R. Donnelley & Sons Co. (RRD) earned 24 cents per share in the first quarter, excluding items, falling shy of the consensus by 9 cents.
Earnings shrank more than 50% from a profit of 69 cents a year earlier.
Revenue dipped 18% to $2.46 billion, negatively impacted by foreign exchange rates. The decline was also caused by volume decreases across all product lines and price pressure. Gross margin plunged to 23.3% year-over-year from 26%.
The full-year consensus is currently $1.53 per share, down from $1.65 in the last 2 months.
RR Donnelley, a Zacks #4 Rank (”Sell”), is trading on volume of 2.3 million shares, versus the daily average of 2.7 million.
Shares are up almost 2%.
“RRD” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research
Last 5 posts by Zacks Market Commentaries
- Allot Loss Narrows - Analyst Blog - November 25th, 2009
- FDIC Fund in the Negative - Analyst Blog - November 25th, 2009
- Virgin Media Opt for TiVo Platform - Analyst Blog - November 25th, 2009
- FDA Nod for Gen-Probe Assay - Analyst Blog - November 25th, 2009
- General Dynamics Bags Army Contract - Analyst Blog - November 25th, 2009
cent;, Market Commentary, R.R. Donnelley & Sons Co.;, Stocks to Watch, USD, Zacks Market Commentaries
 About Zacks Market Commentaries (http://www.zacks.com/)
Zacks Market Commentaries |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.