Consolidated Graphics Turns To Profit In Q1 - Quick Facts

(RTTNews) - Consolidated Graphics Inc. (CGX) reported first-quarter net income of $3.60 million or $0.37 per share, compared to a loss of $448 thousand or $0.04 per share, prior year. Adjusted earnings pers share for the quarter was $0.49.

On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $0.18 for the quarter. Analysts' estimates typically exclude special items. Sales decreased to $236.67 million, from $238.31 million last year. An expected decline in election related business was partially offset by a 1% increase in same-store sales. Analysts expected revenue of $236.90 million for the quarter.