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Quad/Graphics Earnings: Sales Fall 5%, Earnings Get Cut in Half, Shares Jump 23% Higher

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Quad/Graphics Earnings: Sales Fall 5%, Earnings Get Cut in Half, Shares Jump 23% Higher

Marketing solutions expert Quad/Graphics (NYSE: QUAD) reported its fourth-quarter results after the closing bell on Tuesday. The company smashed Wall Street's earnings estimates to smithereens thanks to more effective manufacturing processes and disciplined expense controls. However, analysts' expectations had been set incredibly low, so Quad has a lot of work left to do before it can legitimately be called a turnaround story.

Metric

Q4 2019

Source Fool.com

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