Moore Significantly Increases Guidance On Fourth Quarter Earnings Outlook
Press release from the issuing company
TORONTO & STAMFORD, Conn.--Dec. 20, 2001--Robert G. Burton, President and CEO of Moore Corporation says he expects Moore to report "normalized'' earnings per share of at least $0.05 for the fourth quarter ending December 31, 2001.
This revised outlook is significantly higher than previously issued guidance for the fourth quarter. Previous guidance for the fourth quarter was $0.02 per share.
The company will be releasing fourth quarter and year-end 2001 results on February 13, 2002, following the close of the markets.
Mr. Burton stated:
"It is appropriate to reserve comment on our earnings until our release of fourth quarter results in February 2002. Suffice it to say the company continues to execute the turnaround plan we began this time last year when our team arrived at Moore. I will be able to comment with much more detail in February when we release our fourth quarter and year-end 2001 results.''
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