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R.R. Donnelley gives 2008 adjusted profit outlook
By The Associated Press | 05 Nov 2008 | 07:30 AM ET
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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.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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