Quad/Graphics said higher logistics sales and new business offset lower print volumes as it lifted full-year guidance and raised its quarterly dividend 33%.
Quad Graphics (NYSE:QUAD - Get Free Report) posted its quarterly earnings results on Wednesday. The business services provider reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.01). The firm had revenue of $586.70 million during the quarter, compared to analysts' expectations of $583.27 million. Quad Graphics had a net margin of 1.31% and a return on equity of 47.90%.