Shares of Veritiv VRTV were unchanged in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were up 98.81% over the past year to ($0.02), which may not compare to the estimate of ($1.22).
Revenue of $1,707,000,000 less by 12.10% year over year, which beat the estimate of $1,630,000,000.
Looking Ahead
Veritiv hasn't issued any earnings guidance for the time being.
Veritiv hasn't issued any revenue guidance for the time being.
How To Listen To The Conference Call
Date: May 06, 2020
Price Action
Company's 52-week high was at $28.99
52-week low: $5.70
Price action over last quarter: down 28.24%
Company Profile
Veritiv Corp distributes printing, publishing, packaging, and facility solutions. The company provides logistics and supply chain management services. The firm organizes itself into four primary segments based on product type. The Print segment, which generates more revenue than any other segment, distributes commercial printing and specialty paper products. The Publishing segment sells coated and uncoated commercial printing papers to publishers and retailers for use in magazines, books, and direct mail. The Packaging segment sells a variety of paper-based packaging products. The Facility solutions segment sells cleaning, breakroom, bathroom, safety, and hazard supplies. The majority of revenue comes from the United States.
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