Donnelley Financial Solutions Inc reports results for the quarter ended in September 30 - Earnings Summary

Donnelley Financial Solutions

01/11/2024 03:50

* Donnelley Financial Solutions Inc  DFIN.N  reported
quarterly
adjusted earnings of 48 cents​​ per share for the quarter ended
September 30, lower than the same quarter last year, when the
company reported EPS of 72 cents.  The mean expectation of
four analysts for the quarter was for earnings of 76 cents per
share. Wall Street expected results to range from 70 cents to 79
cents per share.
    * Revenue fell 0.3% to $179.50 million from a year ago;
analysts
expected $181.43 million. 
    * Donnelley Financial Solutions Inc's reported EPS for the
quarter
was 29 cents​.
    * The company reported quarterly net income of $8.7 million.
    * Donnelley Financial Solutions Inc shares had fallen
by 3.0% this
quarter and gained 2.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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 $77.50 
This summary was machine generated from LSEG data November 1 at
03:49 a.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
 Sep. 30 2024      0.76           0.48           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