Quad/Graphics Q2 2024 Adj EPS $0.12 Beats $0.09 Estimate, Sales $634.00M Miss $663.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
Quad/Graphics (NYSE:QUAD) reported Q2 2024 adjusted EPS of $0.12, beating the analyst estimate of $0.09. However, sales of $634.00 million missed the $663.25 million estimate and were down 9.83% year-over-year.
July 30, 2024 | 8:36 pm
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NEUTRAL IMPACT
Quad/Graphics reported mixed Q2 2024 results with EPS beating estimates but sales missing expectations and declining year-over-year.
While the EPS beat is positive, the sales miss and year-over-year decline in revenue are concerning. This mixed performance may result in neutral short-term price movement as investors weigh the positive EPS against the negative sales figures.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100