RRD Reports Fourth Quarter and Full Year 2020 Results
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RR Donnelley (RRD) Tops Q4 EPS by 50c, Revenues Beat; Offers 1Q Revenues Mid-Point Guidance Above Consensus
February 23, 2021 4:23 PM ESTRR Donnelley (NYSE: RRD) reported Q4 EPS of $0.71, $0.50 better than the analyst estimate of $0.21. Revenue for the quarter came in at $1.35 billion versus the consensus estimate of $1.16 billion.
Q4 Key messages
GAAP net sales, including the impact of dispositions and FX, decreased 5.6%; Non-GAAP organic net sales decreased 4.8%; both decline rates improved sequentially from the prior two quartersGAAP earnings per share from continuing operations of $0.46 and Non-GAAP adjusted earnings per share from continuing operations of $0.71 both increased significantly from the prior yearBoth GAAP and Non-GAAP income from operations roughly flat to... More