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R.R. Donnelley gives 2008 adjusted profit outlook
CHICAGO - R.R. Donnelley & Sons Co., a provider of print and business process outsourcing services, said Wednesday it expects full-year adjusted earnings to come in range of analysts' estimates.
The company anticipates 2008 adjusted profit, which excludes some restructuring and impairment charges, of $3.08 to $3.11 per share.
Analysts surveyed by Thomson Reuters predict net income of $3.11 per share, with the low end of estimates at $3.05 per share and the high end at $3.15. The estimates typically exclude one-time items.
R.R. Donnelley & Sons Co. also reported its third-quarter profit declined 4 percent on restructuring and impairment charges, but adjusted results managed to beat Wall Street's expectations.
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