Donnelley Financial Solutions (DFIN) Scheduled to Post Quarterly Earnings on Wednesday

Donnelley Financial Solutions (NYSE:DFIN) will issue its quarterly earnings data before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.82 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Donnelley Financial Solutions (NYSE:DFIN) last posted its quarterly earnings data on Tuesday, February 20th. The company reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.01). Donnelley Financial Solutions had a return on equity of 22.89% and a net margin of 10.31%. The business had revenue of $176.50 million for the quarter, compared to analyst estimates of $169.35 million. During the same quarter last year, the business earned $0.36 EPS. Donnelley Financial Solutions’s revenue for the quarter was up 5.2% compared to the same quarter last year. On average, analysts expect Donnelley Financial Solutions to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Donnelley Financial Solutions Stock Performance

NYSE DFIN opened at $63.65 on Tuesday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $1.87 billion, a PE ratio of 23.49 and a beta of 1.50. The business’s 50-day moving average price is $62.54 and its 200 day moving average price is $60.38. Donnelley Financial Solutions has a twelve month low of $40.73 and a twelve month high of $66.21.

Insider Activity

In other Donnelley Financial Solutions news, insider Craig Clay sold 5,698 shares of the firm’s stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $66.02, for a total value of $376,181.96. Following the transaction, the insider now owns 148,748 shares of the company’s stock, valued at $9,820,342.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Donnelley Financial Solutions news, CEO Daniel Leib sold 33,122 shares of the business’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $64.37, for a total transaction of $2,132,063.14. Following the sale, the chief executive officer now directly owns 524,352 shares in the company, valued at approximately $33,752,538.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Craig Clay sold 5,698 shares of the business’s stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $66.02, for a total value of $376,181.96. Following the completion of the sale, the insider now directly owns 148,748 shares in the company, valued at approximately $9,820,342.96. The disclosure for this sale can be found here. In the last ninety days, insiders sold 41,867 shares of company stock worth $2,702,766. 11.90% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on DFIN shares. Needham & Company LLC increased their price target on Donnelley Financial Solutions from $65.00 to $72.00 and gave the company a “buy” rating in a report on Wednesday, February 21st. DA Davidson upgraded Donnelley Financial Solutions from a “neutral” rating to a “buy” rating and increased their target price for the company from $60.00 to $72.00 in a research note on Friday, April 12th. Finally, B. Riley upped their price target on Donnelley Financial Solutions from $66.00 to $72.00 and gave the stock a “buy” rating in a report on Thursday, April 25th.

About Donnelley Financial Solutions

Donnelley Financial Solutions, Inc provides innovative software and technology-enabled financial regulatory and compliance solutions in the United States, Asia, Europe, Canada, and internationally. It operates through four segments: Capital Markets Software Solutions (CM-SS); Capital Markets Compliance and Communications Management (CM-CCM); Investment Companies Software Solutions (IC-SS); and Investment Companies Compliance and Communications Management (IC-CCM).