earnings
confidence high
sentiment positive
materiality 0.60
Quad/Graphics Q3 net sales +4% to $706M; Adj EBITDA $64M, reaffirms FY outlook
Quad/Graphics, Inc.
2021-Q3 EPS reported
$1.12
revenue$2,105,800,000
- Net sales $706M, up 4% YoY; organic growth 7% excluding 3PL divestiture.
- Net earnings from continuing ops $14M ($0.27 diluted EPS) vs $2M ($0.04) in Q3 2020.
- Adjusted EBITDA $64M (9.1% margin), up from $61M (8.9%) in Q3 2020.
- Reaffirms FY2021 outlook: net sales +1-3%, Adj EBITDA $240-260M, year-end leverage ~2.75x.
- Amended and extended $1B bank credit facility to November 2026.