Donnelley Financial Solutions Inc (DFIN) Expected to Announce Earnings of $0.16 Per Share

Wall Street analysts expect Donnelley Financial Solutions Inc (NYSE:DFIN) to announce $0.16 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Donnelley Financial Solutions’ earnings, with estimates ranging from $0.08 to $0.21. Donnelley Financial Solutions reported earnings per share of $0.14 in the same quarter last year, which would suggest a positive year-over-year growth rate of 14.3%. The company is scheduled to announce its next quarterly earnings report 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 fiscal year, analysts anticipate that the firm will report earnings of $1.70 per share, with EPS estimates ranging from $1.53 to $1.87. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover Donnelley Financial Solutions.

Donnelley Financial Solutions (NYSE:DFIN) last announced its quarterly earnings results on Wednesday, November 7th. The company reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $1.31. The business 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%.

DFIN has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lowered shares of Donnelley Financial Solutions from a “neutral” rating to an “underweight” rating in a report on Tuesday, September 25th. ValuEngine lowered shares of Donnelley Financial Solutions from a “hold” rating to a “sell” rating in a report on Thursday, November 15th. Finally, Zacks Investment Research raised shares of Donnelley Financial Solutions from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a report on Thursday, November 8th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $23.00.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Donnelley Financial Solutions by 1.7% during the third quarter. Vanguard Group Inc. now owns 3,403,326 shares of the company’s stock valued at $60,988,000 after purchasing an additional 56,730 shares during the last quarter. Legal & General Group Plc boosted its position in shares of Donnelley Financial Solutions by 8.3% in the third quarter. Legal & General Group Plc now owns 81,786 shares of the company’s stock worth $1,471,000 after purchasing 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 boosted its position in shares of Donnelley Financial Solutions by 18.0% in 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 purchasing an additional 125,700 shares during the period. IndexIQ Advisors LLC boosted its position in shares of Donnelley Financial Solutions by 3.9% in the third quarter. IndexIQ Advisors LLC now owns 132,396 shares of the company’s stock worth $2,373,000 after purchasing an additional 4,999 shares during the period. Finally, MetLife Investment Advisors LLC boosted its position in shares of Donnelley Financial Solutions by 55.3% in the third quarter. MetLife Investment Advisors LLC now owns 25,002 shares of the company’s stock worth $448,000 after purchasing an additional 8,902 shares during the period. 89.41% of the stock is owned by hedge funds and other institutional investors.

Donnelley Financial Solutions stock traded down $0.95 during trading hours on Tuesday, reaching $15.66. The stock had a trading volume of 320,600 shares, compared to its average volume of 238,183. The firm has a market cap of $568.11 million, a PE ratio of 16.31, a price-to-earnings-growth ratio of 5.19 and a beta of 2.07. Donnelley Financial Solutions has a 52 week low of $14.48 and a 52 week high of $22.17. The company has a quick ratio of 1.44, a current ratio of 1.50 and a debt-to-equity ratio of 1.71.

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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