Donnelley Financial Solutions (DFIN) Set to Announce Quarterly Earnings on Wednesday

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

Donnelley Financial Solutions (NYSE:DFIN) last posted its earnings results on Tuesday, February 20th. The company reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $176.50 million for the quarter, compared to analyst estimates of $169.35 million. During the same quarter in the prior year, the business posted $0.36 EPS. The business’s quarterly revenue 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 Up 1.2 %

Shares of DFIN opened at $63.02 on Monday. The firm has a market cap of $1.86 billion, a P/E ratio of 23.25 and a beta of 1.50. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.03 and a current ratio of 1.03. Donnelley Financial Solutions has a 52 week low of $40.73 and a 52 week high of $66.21. The firm’s 50-day simple moving average is $62.49 and its 200 day simple moving average is $60.32.

Insider Activity at Donnelley Financial Solutions

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

Wall Street Analysts Forecast Growth

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

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).