Quad/Graphics Second Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Quad/Graphics (NYSE:QUAD) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$634.2m (down 9.8% from 2Q 2023).
• Net loss: US$2.80m (loss narrowed by 54% from 2Q 2023).
• US$0.059 loss per share (improved from US$0.12 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Quad/Graphics EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) exceeded analyst estimates by 20%.

Looking ahead, revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Commercial Services industry in the US are expected to grow by 6.6%.

Performance of the American Commercial Services industry.

The company's shares are down 23% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Quad/Graphics that you should be aware of before investing here.

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