$0.10 EPS Expected for Donnelley Financial Solutions Inc (DFIN) This Quarter

Equities analysts forecast that Donnelley Financial Solutions Inc (NYSE:DFIN) will announce $0.10 earnings per share for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for Donnelley Financial Solutions’ earnings, with the highest EPS estimate coming in at $0.13 and the lowest estimate coming in at $0.07. Donnelley Financial Solutions reported earnings per share of $0.45 in the same quarter last year, which would indicate a negative year-over-year growth rate of 77.8%. The business is scheduled to announce its next earnings results on Wednesday, May 1st.

According to Zacks, analysts expect that Donnelley Financial Solutions will report full-year earnings of $1.35 per share for the current fiscal year, with EPS estimates ranging from $1.29 to $1.40. For the next fiscal year, analysts anticipate that the business will report earnings of $1.62 per share, with EPS estimates ranging from $1.35 to $1.85. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that follow Donnelley Financial Solutions.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings data on Wednesday, February 27th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.05). The business had revenue of $200.30 million for the quarter, compared to analysts’ expectations of $212.17 million. Donnelley Financial Solutions had a return on equity of 36.79% and a net margin of 7.64%.

Several brokerages have recently weighed in on DFIN. Zacks Investment Research upgraded shares of Donnelley Financial Solutions from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a research note on Tuesday, January 8th. Bank of America lowered shares of Donnelley Financial Solutions from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $19.00 to $16.00 in a research report on Thursday, January 17th. Four research analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the stock. Donnelley Financial Solutions presently has a consensus rating of “Hold” and a consensus price target of $19.25.

Shares of DFIN stock traded up $0.04 on Friday, hitting $15.27. The stock had a trading volume of 88,885 shares, compared to its average volume of 192,551. The company has a market capitalization of $519.60 million, a PE ratio of 7.07, a price-to-earnings-growth ratio of 2.01 and a beta of 1.66. The company has a current ratio of 1.25, a quick ratio of 1.19 and a debt-to-equity ratio of 1.60. Donnelley Financial Solutions has a 52-week low of $13.15 and a 52-week high of $21.44.

A number of institutional investors and hedge funds have recently modified their holdings of DFIN. BlackRock Inc. grew its holdings in Donnelley Financial Solutions by 1.8% during the third quarter. BlackRock Inc. now owns 4,894,419 shares of the company’s stock valued at $87,708,000 after purchasing an additional 86,359 shares during the last quarter. MetLife Investment Advisors LLC grew its stake in shares of Donnelley Financial Solutions by 55.3% in the third quarter. MetLife Investment Advisors LLC now owns 25,002 shares of the company’s stock worth $448,000 after acquiring an additional 8,902 shares during the last quarter. AltraVue Capital LLC acquired a new stake in shares of Donnelley Financial Solutions in the fourth quarter worth $2,865,000. Private Management Group Inc. acquired a new stake in shares of Donnelley Financial Solutions in the fourth quarter worth $4,867,000. Finally, Bank of New York Mellon Corp grew its stake in shares of Donnelley Financial Solutions by 4.7% in the third quarter. Bank of New York Mellon Corp now owns 410,664 shares of the company’s stock worth $7,359,000 after acquiring an additional 18,363 shares during the last quarter. 94.67% of the stock is currently owned by hedge funds and other institutional investors.

Donnelley Financial Solutions Company Profile

Donnelley Financial Solutions, Inc operates as a risk and compliance solutions company in the United States, Europe, Asia, Canada, and Latin America. The Company provides regulatory filing and deal solutions through its software-as-a-service, technology-enabled services, and print and distribution solutions to public and private companies, mutual funds, and other regulated investment firms to serve their regulatory and compliance needs.

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