Quad/Graphics, Inc. Class A (QUAD)
NYSE:QUAD
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Earnings Data
Report Date
Aug 04, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.21Last Year’s EPS
0.14Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
Balanced: the company shows operational discipline, margin expansion, EPS growth (+25%), sustained liquidity and continued product/service innovation (postal optimization, At-Home Connect, data-driven audience strategies) and returned capital to shareholders. Counterbalancing these positives are persistent top-line pressure (Q1 sales down 4.3% YoY ex-Europe and guidance for a 1%–5% sales decline in 2026), continued negative free cash flow in the quarter, material macro risks from postage increases and input cost inflation, and an overdue $6 million note receivable. Management reaffirmed guidance and articulated a path to margin and leverage targets, but near-term revenue and cash-flow headwinds keep the outlook mixed.Company Guidance
Q1 Financial Performance — Margin Expansion
Adjusted EBITDA of $45 million in Q1 2026 with adjusted EBITDA margin increasing from 7.2% to 7.7% year-over-year (up 0.5 percentage points), driven by cost realignment and improved manufacturing productivity.
Earnings Per Share Improvement
Adjusted diluted earnings per share of $0.25 in Q1 2026 versus $0.20 in Q1 2025, an increase of 25%, supported by higher net earnings, lower interest expense, lower D&A and a reduced share count.
Shareholder Returns and Capital Allocation
Returned $7 million to shareholders in Q1 2026 ( $6 million dividends and $1 million share repurchases); quarterly dividend increased 33% to $0.10 per share; $68.4 million of share repurchase authorization remains under the 2018 program.
Liquidity and Debt Progress
Total available liquidity of $177 million; blended debt interest rate of 6.6%; next major maturity not until October 2029. When excluding seasonality, net debt reduced by $36 million from March 31, 2025 to March 31, 2026.
Product & Service Momentum — MX, At-Home Direct and Postal Optimization
Expanded marketing solutions (MX) and audience-strategy services show momentum. At-Home Connect reduced a client’s mail cycle from 2 weeks to 5 days, cut ~45 labor hours/month and reduced direct mail production costs by 33%. Postal optimization example produced a 27% postage cost reduction for a client (20% from Co-mail, +3% from high-density sortation, plus household fusion and promotions).
Client Success — Monogram (Abe) Case Study
Integrated campaign for Monogram's Abe private student loan product delivered strong results: booked loans increased sixfold year-over-year while maintaining target cost per application; Quad received an industry award for the program.
Reaffirmed 2026 Guidance and 2028 Outlook
Reiterated 2026 guidance: net sales expected to decline 1% to 5% (ex-Europe), full-year adjusted EBITDA guidance $175M–$215M (midpoint $195M ~ essentially in line with 2025), and adjusted EBITDA margin expected to improve 30 basis points to 8.4% in 2026. Target net debt leverage ratio of ~1.5x by year-end 2026.
Innovation and Competitive Differentiation
Investments in AI-related measurement (Rise AI referral agent reporting), household-based data stack and automation/robotics investments position Quad to improve marketing effectiveness and pursue higher-margin services.
QUAD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
QUAD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $7.80 | $7.01 | -10.13% |
Feb 17, 2026 | $6.51 | $6.54 | +0.46% |
Oct 28, 2025 | $5.91 | $5.18 | -12.36% |
Jul 29, 2025 | $5.58 | $4.87 | -12.59% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Quad/Graphics, Inc. Class A (QUAD) report earnings?
Quad/Graphics, Inc. Class A (QUAD) is schdueled to report earning on Aug 04, 2026, After Close (Confirmed).
What is Quad/Graphics, Inc. Class A (QUAD) earnings time?
Quad/Graphics, Inc. Class A (QUAD) earnings time is at Aug 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is QUAD EPS forecast?
QUAD EPS forecast for the fiscal quarter 2026 (Q2) is 0.21.