UPDATE 1-RR Donnelley Q3 beats Street expectations

* Q3 adjusted shr $0.54 vs est $0.46

* Q3 rev $2.5 bln vs est $1.9 bln

* Sees Q4 sequential rev growth in low single-digits range

Nov 4 (Reuters) - Printing services firm R.R. Donnelley & Sons Co's (RRD.O) quarterly results topped Wall Street expectations as it saw continued stabilization across its businesses.

The company, which prints everything from magazines and catalogs to financial reports and newspaper inserts, said it had reduced its debt by nearly $1 billion over the past twelve months.

R.R. Donnelley, which shifted its listing to Nasdaq from the New York Stock Exchange effective Aug 5, said it expects a sequential revenue growth in the low-single digits range in the fourth quarter.

The company recorded a 6 percent sequential revenue growth in the third quarter. However, sales fell 14 percent to $2.5 billion year-over-year.

Net earnings from continuing operations was $13.1 million, or 6 cents a share, compared to $168.2 million or 80 cents a share, in the year-ago period.

Adjusted earnings totalled $111.9 million, or 54 cents a share, compared to $183.2 million or 87 cents a share, in the third quarter of 2008. [ID:nWNAB9710]

Analysts were expecting earnings of 46 cents a share on revenue of $1.9 billion, according to Thomson Reuters I/B/E/S.

Shares of the Chicago-based company closed at $20.75 Tuesday on Nasdaq. (Reporting by Sudipto Ganguly in Bangalore, Saumyadeb Chakrabarty)