Quad/Graphics (QUAD) Posts Earnings Results, Meets Expectations
Quad/Graphics (NYSE:QUAD) announced its earnings results on Monday. The business services provider reported $0.58 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.58, Bloomberg Earnings reports. Quad/Graphics had a return on equity of 21.87% and a net margin of 2.15%. The company had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same period last year, the company posted $0.73 earnings per share. The firm’s quarterly revenue was down 2.8% compared to the same quarter last year.
Quad/Graphics (NYSE:QUAD) traded up $5.50 during trading on Wednesday, reaching $27.55. The company had a trading volume of 1,604,326 shares, compared to its average volume of 210,439. The company has a market capitalization of $1,149.81, a PE ratio of 13.44 and a beta of 1.41. Quad/Graphics has a fifty-two week low of $18.16 and a fifty-two week high of $29.04. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.82 and a current ratio of 1.24.
In other Quad/Graphics news, Director Kathryn Quadracci Flores sold 66,107 shares of the firm’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $21.86, for a total transaction of $1,445,099.02. Following the transaction, the director now owns 69,081 shares in the company, valued at $1,510,110.66. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, COO Thomas J. Frankowski sold 28,518 shares of the firm’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $21.63, for a total value of $616,844.34. Following the transaction, the chief operating officer now owns 220,489 shares in the company, valued at approximately $4,769,177.07. The disclosure for this sale can be found here. 9.28% of the stock is owned by company insiders.
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Quad/Graphics, Inc is a marketing services provider. The Company’s segments are United States Print and Related Services, International and Corporate. The United States Print and Related Services segment consists of the Company’s United States printing operations. The United States Print and Related Services segment includes retail inserts, publications, catalogs, special interest publications, journals, direct mail, books, directories, in-store marketing and promotion, packaging, newspapers, custom print products, other commercial and specialty printed products, and global paper procurement.
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