$0.38 EPS Expected for Donnelley Financial Solutions Inc (DFIN) This Quarter

Wall Street brokerages expect Donnelley Financial Solutions Inc (NYSE:DFIN) to report earnings of $0.38 per share for the current quarter, according to Zacks. Two analysts have made estimates for Donnelley Financial Solutions’ earnings, with the lowest EPS estimate coming in at $0.34 and the highest estimate coming in at $0.41. Donnelley Financial Solutions reported earnings per share of $0.42 in the same quarter last year, which would suggest a negative year over year growth rate of 9.5%. The firm is expected to issue its next quarterly earnings results on Thursday, May 3rd.

On average, analysts expect that Donnelley Financial Solutions will report full year earnings of $1.77 per share for the current fiscal year, with EPS estimates ranging from $1.72 to $1.85. For the next financial year, analysts expect that the company will post earnings of $2.01 per share, with EPS estimates ranging from $1.89 to $2.13. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that follow Donnelley Financial Solutions.

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Donnelley Financial Solutions (NYSE:DFIN) last posted its earnings results on Wednesday, February 28th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.08). Donnelley Financial Solutions had a net margin of 0.97% and a return on equity of 27.42%. The firm had revenue of $224.80 million during the quarter, compared to analyst estimates of $222.85 million. During the same period in the previous year, the company posted $0.13 EPS. Donnelley Financial Solutions’s revenue for the quarter was up 1.7% compared to the same quarter last year.

Several research firms have recently commented on DFIN. ValuEngine raised Donnelley Financial Solutions from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Zacks Investment Research downgraded Donnelley Financial Solutions from a “hold” rating to a “sell” rating in a research report on Tuesday, March 6th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $23.33.

DFIN stock traded down $0.17 during trading on Friday, hitting $17.26. The stock had a trading volume of 19,291 shares, compared to its average volume of 242,065. Donnelley Financial Solutions has a 52 week low of $16.50 and a 52 week high of $24.00. The company has a quick ratio of 1.32, a current ratio of 1.44 and a debt-to-equity ratio of 3.07. The firm has a market capitalization of $609.21, a P/E ratio of 14.06, a price-to-earnings-growth ratio of 15.13 and a beta of 3.00.

A hedge fund recently raised its stake in Donnelley Financial Solutions stock. State Street Corp lifted its stake in Donnelley Financial Solutions Inc (NYSE:DFIN) by 21.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 705,116 shares of the company’s stock after buying an additional 124,223 shares during the period. State Street Corp owned approximately 2.09% of Donnelley Financial Solutions worth $16,182,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 89.15% of the company’s stock.

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About Donnelley Financial Solutions

Donnelley Financial Solutions, Inc is a financial communications services company that supports global capital markets compliance and transaction needs for its corporate clients and their advisors (such as law firms and investment bankers), and global investment markets compliance and analytics needs for mutual fund companies, variable annuity providers and broker/dealers.

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