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0.000856898029134515 -0.00257069408740354 0.000856898029134515 0.011139674378749 -0.000856898029134515 -0.00428449014567257 0.000856898029134515 -0.00257069408740354
Stock impact report

Why R.R. Donnelley Stock Skyrocketed Today [The Motley Fool]

R.R. Donnelley & Sons Company (RRD) 
US:NASDAQ Investor Relations: rrdonnelley.com
Company Research Source: The Motley Fool
The multichannel marketing company reported third-quarter earnings results. Evan Niu, CFA ( TMFNewCow ) Oct 31, 2018 at 12:51PM What happened Shares of R.R. Donnelley ( NYSE:RRD ) have skyrocketed today, up by 26% as of 12:15 p.m. EDT, after the company reported third-quarter earnings results. Organic sales grew for the fourth consecutive quarter. So what Total revenue fell 5% to $1.65 billion in the third quarter, in part due to the sale of the print logistics business. On an organic basis, revenue increased 2% thanks to higher volume in the business services segment. Gross margin  expanded to 19%, and the company said the favorable impact of cost reductions was more than offset by pricing pressure and an unfavorable mix. Operating income came in at $60.9 million. RRD also recognized a pre-tax restructuring charge of $11 million during the qu Show less Read more
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