Analysts Expect Donnelley Financial Solutions Inc (DFIN) Will Announce Earnings of $0.16 Per Share

Wall Street brokerages forecast that Donnelley Financial Solutions Inc (NYSE:DFIN) will report earnings of $0.16 per share for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Donnelley Financial Solutions’ earnings. The lowest EPS estimate is $0.08 and the highest is $0.21. Donnelley Financial Solutions posted earnings of $0.14 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 14.3%. The business is scheduled to announce its next quarterly earnings results on Wednesday, February 27th.

On average, analysts expect that Donnelley Financial Solutions will report full-year earnings of $1.76 per share for the current year, with EPS estimates ranging from $1.70 to $1.83. For the next year, analysts expect that the business will post earnings of $1.69 per share, with EPS estimates ranging from $1.53 to $1.87. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that that provide coverage for Donnelley Financial Solutions.

Donnelley Financial Solutions (NYSE:DFIN) last released its earnings results on Wednesday, November 7th. The company reported $1.40 EPS for the quarter, beating the consensus estimate of $0.09 by $1.31. The firm had revenue of $216.90 million for the quarter, compared to analyst estimates of $218.00 million. Donnelley Financial Solutions had a net margin of 5.15% and a return on equity of 40.53%.

Several equities analysts have commented on the company. Zacks Investment Research raised Donnelley Financial Solutions from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a research report on Tuesday, January 8th. ValuEngine cut Donnelley Financial Solutions from a “hold” rating to a “sell” rating in a research note on Thursday, November 15th. JPMorgan Chase & Co. lowered Donnelley Financial Solutions from a “neutral” rating to an “underweight” rating in a report on Tuesday, September 25th. Finally, Bank of America lowered Donnelley Financial Solutions from a “neutral” rating to an “underperform” rating and cut their price objective for the company from $19.00 to $16.00 in a report on Thursday. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. Donnelley Financial Solutions presently has a consensus rating of “Hold” and a consensus target price of $19.25.

NYSE DFIN traded down $0.26 during trading on Friday, hitting $13.57. 304,973 shares of the company’s stock traded hands, compared to its average volume of 186,038. The company has a quick ratio of 1.44, a current ratio of 1.50 and a debt-to-equity ratio of 1.71. The company has a market cap of $539.12 million, a PE ratio of 14.14, a price-to-earnings-growth ratio of 1.69 and a beta of 1.83. Donnelley Financial Solutions has a 12-month low of $13.15 and a 12-month high of $22.17.

A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc grew its holdings in Donnelley Financial Solutions by 1.7% during the third quarter. Vanguard Group Inc now owns 3,403,326 shares of the company’s stock worth $60,988,000 after acquiring an additional 56,730 shares during the period. Vanguard Group Inc. grew its holdings in Donnelley Financial Solutions by 1.7% during the third quarter. Vanguard Group Inc. now owns 3,403,326 shares of the company’s stock worth $60,988,000 after acquiring an additional 56,730 shares during the period. Legal & General Group Plc grew its holdings in Donnelley Financial Solutions by 8.3% during the third quarter. Legal & General Group Plc now owns 81,786 shares of the company’s stock worth $1,471,000 after acquiring an additional 6,271 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp grew its holdings in Donnelley Financial Solutions by 18.0% during the third quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 823,371 shares of the company’s stock worth $14,755,000 after acquiring an additional 125,700 shares during the period. Finally, IndexIQ Advisors LLC grew its holdings in Donnelley Financial Solutions by 3.9% during the third quarter. IndexIQ Advisors LLC now owns 132,396 shares of the company’s stock worth $2,373,000 after acquiring an additional 4,999 shares during the period. 89.38% of the stock is currently owned by hedge funds and other institutional investors.

Donnelley Financial Solutions Company Profile

Donnelley Financial Solutions, Inc provides financial communications, and data and analytics services for the investment and capital markets worldwide. It offers communication tools and services to allow its clients to comply with ongoing regulatory filings; and communications services to create, manage, and deliver registration statements, prospectuses, proxies, and other communications to regulators and investors.

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