Donnelley Financial Solutions Inc expected to post earnings of $1.41 a share - Earnings Preview

Donnelley Financial Solutions

29/07/2024 17:07

* Donnelley Financial Solutions Inc  DFIN.N   DFIN.K  is
expected
to show a rise in quarterly revenue when it reports  results on
July 31 for the period ending June 30 2024
    * The Chicago Illinois-based  company is expected to report
a
1.0% increase in revenue to $244.625 million from $242.1 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.The company's guidance on May 1 2024, for the
period ended June 30, was for revenue between $235.00 million
and $250.00 million.
    * ​LSEG's mean analyst estimate for Donnelley Financial
Solutions
Inc is for earnings of $1.41 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Donnelley
Financial Solutions Inc is $72.00​, above​ its last closing
price of $69.06. ​​​

The company's guidance on May 1 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD235 million and USD82.5 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.78        0.78       0.91      Beat    16.8
 Dec. 31 2024  0.59        0.60       0.61      Beat    2.5
 Sep. 30 2023  0.61        0.60       0.72      Beat    20.7​
 Jun. 30 2023  0.99        1.00       1.34      Beat    34
 ​​Mar.        0.51        0.50       0.62      Beat    24
 31 2023                                                
 Dec. 31 2022  0.69        0.73       0.59      Missed  -19.2​
 Sep. 30 2022  0.94        0.94       0.77      Missed  -18.1
 Jun. 30 2022  0.87        0.89       1.54      Beat    73
 This summary was machine generated July 29 at 16:07 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)