Quad/Graphics Q3 Earnings Fall 72%

(RTTNews) - Quad/Graphics (QUAD) released a profit for third quarter that fell from last year.

The company said its bottom line fell to $7.0 million, or $0.14 per share. This was lower than $24.6 million, or $0.51 per share, in last year's third quarter.

Analysts had expected the company to earn $0.41 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 6.5% to $1.16 billion. This was down from $1.24 billion last year.

Quad/Graphics earnings at a glance:

-Earnings (Q3): $7.0 Mln. vs. $24.6 Mln. last year. -Earnings Decline (Y-o-Y): -71.5% -EPS (Q3): $0.14 vs. $0.51 last year. -EPS Decline (Y-o-Y): -72.5% -Analysts Estimate: $0.41 -Revenue (Q3): $1.16 Bln vs. $1.24 Bln last year. -Revenue Change (Y-o-Y): -6.5%

-Guidance: Full year revenue guidance: $4.6 $4.7 Bln