Monday, January 24, 2011

Rock-Tenn Company Posts Quarterly Earnings Results, Beats Estimates By $0.09 EPS

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Rock-Tenn Company (NYSE: RKT) announced its quarterly results on Monday. The company reported $1.28 earnings per share for the quarter, beating the Thomson Reuters consensus estimate of $1.19 by $0.09. During the same quarter in 2010, the company posted $0.94 earnings per share. The company’s quarterly revenue was up 10.2% on a year-over-year basis.On a related note, analysts at Zacks Investment Research reiterated a “neutral” rating on shares of Rock-Tenn Company in a research note to investors on Monday, January 3rd.
Rock-Tenn Company is a manufacturer of packaging products, recycled paperboard, containerboard, bleached paperboard and merchandising displays. The Company operates 95 facilities located in 27 states, Canada, Mexico, Chile and Argentina. It operates in four segments: Consumer Packaging, Corrugated Packaging, Merchandising Displays and Specialty Paperboard Products.
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