Overview
Quad Q3 net sales fell 13% yr/yr, missing analyst expectations, per LSEG data
Adjusted EPS for Q3 beats consensus, rising 19% yr/yr
Company returned $19 mln to shareholders through dividends and share repurchases
Outlook
Quad narrows full-year 2025 adjusted net sales decline to 3% to 5%
Company expects 2025 adjusted EBITDA between $190 mln and $200 mln
Quad anticipates 2025 free cash flow of $50 mln to $60 mln
Result Drivers
EUROPEAN DIVESTITURE - Net sales decline partly due to 6% impact from divestiture of European operations
AI INVESTMENTS - Co invests in AI-powered tools to enhance audience intelligence and drive future growth
IN-STORE CONNECT - Co builds momentum for In-Store Connect retail media network to increase brand and product sales
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Net Sales | Miss | $588 mln | $605.15 mln (2 Analysts) |
Q3 Adjusted EPS | Beat | $0.31 | $0.27 (2 Analysts) |
Q3 Net Income | $10 mln | ||
Q3 Adjusted EBITDA | $53 mln |
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the commercial printing services peer group is "buy."
Wall Street's median 12-month price target for Quad/Graphics Inc is $9.30, about 36.1% above its October 27 closing price of $5.94
The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 6 three months ago
Press Release: ID:nPnY2sDXa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)