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ARC 2009 earnings expected to exceed estimates

Thursday, January 28, 2010

Press release from the issuing company

WALNUT CREEK, CA -- American Reprographics Company, the nation's leading provider of reprographics services and technology, today said that it expects to exceed its previously announced annual earnings per share forecast for 2009. It now anticipates earnings per share (on a fully-diluted basis) to be in the range of $0.35 to $0.38, excluding previously announced one-time charges.

The Company said that its earnings per share performance was the result of a lesser decline in fourth quarter revenues. The Company's previously announced earnings per share forecast was in the range of $0.27 to $0.33.

ARC executives will be available for comment during the 2009 fourth quarter and year-end earnings call scheduled for February 23, 2010, when they will provide details on the Company's financial and operational performance for 2009.

 

 

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