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

Donnelley Financial Solutions

01/11/2023 13:32

* Donnelley Financial Solutions Inc  DFIN.N  reported
quarterly
adjusted earnings of 72 cents​​ per share for the quarter ended
in September, lower than the same quarter last year, when the
company reported EPS of 77 cents.  The mean expectation of
four analysts for the quarter was for earnings of 60 cents per
share. Wall Street expected results to range from 52 cents to 63
cents per share.
    * Revenue fell 4.6% to $180.00 million from a year ago;
analysts
expected $186.62 million. 
    * Donnelley Financial Solutions Inc's reported EPS for the
quarter
was 60 cents​.
    * The company reported quarterly net income of $18.1
million.
    * Donnelley Financial Solutions Inc shares had fallen
by 3.3% this
quarter and gained 40.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.6%
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 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Donnelley
Financial Solutions Inc is $56.00 

This summary was machine generated from LSEG data November 1 at
01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.60           0.72           Beat
 Jun. 30 2023      1.00           1.34           Beat
 Mar. 31 2023      0.50           0.62           Beat
 Dec. 31 2022      0.73           0.59           Missed