Veritiv (NYSE:VRTV) reported its Q1 earnings results on Monday, May 9, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Veritiv beat estimated earnings by 37.27%, reporting an EPS of $5.12 versus an estimate of $3.73.
Revenue was up $299.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.01 which was followed by a 0.91% drop in the share price the next day.
Here's a look at Veritiv's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.66 | 1.86 | 0.81 | 0.02 |
| EPS Actual | 3.67 | 2.54 | 1.62 | 1.28 |
| Revenue Estimate | 1.72B | 1.63B | 1.52B | 1.52B |
| Revenue Actual | 1.86B | 1.77B | 1.66B | 1.56B |
To track all earnings releases for Veritiv visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
