Quad/Graphics Q1 2024 Adj EPS $0.10 Beats $0.02 Estimate, Sales $654.800M Beat $648.300M Estimate
Portfolio Pulse from Benzinga Newsdesk
Quad/Graphics reported Q1 2024 adjusted EPS of $0.10, surpassing the $0.02 estimate, with sales of $654.8M also beating the $648.3M forecast. However, these figures represent a decrease from the previous year, with earnings down 33.33% and sales down 14.57%.

April 30, 2024 | 8:50 pm
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POSITIVE IMPACT
Quad/Graphics exceeded Q1 2024 earnings and sales estimates, with EPS at $0.10 and sales at $654.8M, outperforming expectations.
Beating both earnings and sales estimates significantly, especially by 400% for EPS, is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price. However, the year-on-year decline in both metrics indicates underlying challenges that might temper investor enthusiasm.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100