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

Donnelley Financial Solutions (NYSE:DFIN) is scheduled to be announcing its earnings results before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.82 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings results on Tuesday, February 20th. The company reported $0.61 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.01). The firm had revenue of $176.50 million for the quarter, compared to the consensus estimate of $169.35 million. Donnelley Financial Solutions had a return on equity of 22.89% and a net margin of 10.31%. The firm’s revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.36 EPS. 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 2.3 %

Donnelley Financial Solutions stock opened at $65.41 on Wednesday. The company has a 50-day simple moving average of $62.39 and a 200-day simple moving average of $60.09. The firm has a market capitalization of $1.93 billion, a P/E ratio of 24.09 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 one year low of $40.73 and a one year high of $66.00.

Analysts Set New Price Targets

DFIN has been the subject of several research analyst reports. DA Davidson raised shares of Donnelley Financial Solutions from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $60.00 to $72.00 in a report on Friday, April 12th. Needham & Company LLC upped their price target on shares of Donnelley Financial Solutions from $65.00 to $72.00 and gave the company a “buy” rating in a report on Wednesday, February 21st.

Insider Buying and Selling at Donnelley Financial Solutions

In other Donnelley Financial Solutions news, CEO Daniel Leib sold 33,122 shares of the company’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $64.37, for a total value 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 approximately $33,752,538.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Donnelley Financial Solutions news, Director Luis A. Aguilar sold 3,047 shares of the company’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $63.84, for a total transaction of $194,520.48. Following the completion of the sale, the director now directly owns 58,594 shares of the company’s stock, valued at $3,740,640.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Daniel Leib sold 33,122 shares of the company’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 of the company’s stock, valued at $33,752,538.24. The disclosure for this sale can be found here. 11.90% of the stock is owned by corporate insiders.

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).