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

Donnelley Financial Solutions

01/05/2024 14:32

* Donnelley Financial Solutions Inc  DFIN.N  reported
quarterly
adjusted earnings of 91 cents​​ per share for the quarter ended
in March, higher than the same quarter last year, when the
company reported EPS of 62 cents.  The mean expectation of
four analysts for the quarter was for earnings of 78 cents per
share. Wall Street expected results to range from 74 cents to 82
cents per share.
    * Revenue rose 2.4% to $203.40 million from a year ago;
analysts
expected $213.05 million. 
    * Donnelley Financial Solutions Inc's reported EPS for the
quarter
was $1.09​.
    * The company reported quarterly net income of $33.3
million.
    * Donnelley Financial Solutions Inc shares had risen by 1.2%
this
quarter and gained 0.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 18.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

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 May 1 at 01:32
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
 Mar. 31 2024      0.78           0.91           Beat
 Dec. 31 2023      0.60           0.61           Beat
 Sep. 30 2023      0.60           0.72           Beat
 Jun. 30 2023      1.00           1.34           Beat