Quad/Graphics Q4 2023 Adj EPS $0.23 Beats $0.13 Estimate, Sales $787.90M Beat $758.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
Quad/Graphics (NYSE:QUAD) reported Q4 2023 adjusted EPS of $0.23, surpassing the $0.13 estimate, with sales of $787.90M exceeding the $758.40M forecast. This represents a 10.99% decrease in sales compared to the same period last year.

February 20, 2024 | 9:31 pm
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Quad/Graphics reported a significant beat on both earnings and sales estimates for Q4 2023, with an adjusted EPS of $0.23 against a $0.13 estimate and sales of $787.90M against a $758.40M estimate.
Beating both earnings and sales estimates significantly, especially by 76.92% for EPS, is a strong positive signal to the market. This outperformance could lead to increased investor confidence and potentially drive the stock price up in the short term. However, the 10.99% decrease in sales year-over-year introduces a note of caution, suggesting that while the company is currently outperforming expectations, it is doing so in a context of declining sales.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100