Donnelley Financial Solutions Inc reports results for the quarter ended in June - Earnings Summary

Donnelley Financial Solutions

31/07/2024 15:23

* Donnelley Financial Solutions Inc  DFIN.N  reported
quarterly
adjusted earnings of $1.66​​ per share for the quarter ended in
June, higher than the same quarter last year, when the company
reported EPS of $1.34.  The mean expectation of four analysts
for the quarter was for earnings of $1.41 per share. Wall Street
expected results to range from $1.30  to $1.59 per share.
    * Revenue rose 0.2% to $242.70 million from a year ago;
analysts
expected $244.63 million. 
    * Donnelley Financial Solutions Inc's reported EPS for the
quarter
was $1.47​.
    * The company reported quarterly net income of $44.1
million.
    * Donnelley Financial Solutions Inc shares had risen
by 16.5% this
quarter and gained 11.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the professional
information services peer group is also "buy"

Wall Street's median 12-month price target for Donnelley
Financial Solutions Inc is $72.00 
This summary was machine generated from LSEG data July 31 at
02:23 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      1.41           1.66           Beat
 Mar. 31 2024      0.78           0.91           Beat
 Dec. 31 2023      0.60           0.61           Beat
 Sep. 30 2023      0.60           0.72           Beat