Donnelley Financial Solutions (NYSE:DFIN) Releases Quarterly Earnings Results, Misses Expectations By $0.22 EPS

Donnelley Financial Solutions (NYSE:DFIN) released its quarterly earnings data on Tuesday. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.22), Zacks reports. Donnelley Financial Solutions had a net margin of 12.06% and a return on equity of 22.70%.

Donnelley Financial Solutions Price Performance

Shares of DFIN opened at $65.78 on Tuesday. The firm has a market capitalization of $1.90 billion, a PE ratio of 20.56 and a beta of 1.36. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.15 and a quick ratio of 1.15. The company’s fifty day moving average price is $63.40 and its 200-day moving average price is $63.73. Donnelley Financial Solutions has a 1-year low of $56.02 and a 1-year high of $71.01.

Analyst Ratings Changes

A number of brokerages have recently issued reports on DFIN. B. Riley cut their price target on Donnelley Financial Solutions from $80.00 to $70.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Needham & Company LLC reiterated a “buy” rating and issued a $79.00 target price on shares of Donnelley Financial Solutions in a research note on Wednesday, January 15th.

Insiders Place Their Bets

In other Donnelley Financial Solutions news, CFO David A. Gardella sold 3,000 shares of the company’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $62.68, for a total value of $188,040.00. Following the completion of the transaction, the chief financial officer now owns 197,406 shares in the company, valued at approximately $12,373,408.08. This represents a 1.50 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 11.90% of the stock is currently owned by insiders.

Donnelley Financial Solutions Company Profile

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).