Equities analysts expect that Donnelley Financial Solutions Inc (NASDAQ:DFIN) will post earnings per share of $0.19 for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Donnelley Financial Solutions’ earnings. The highest EPS estimate is $0.21 and the lowest is $0.17. The firm is scheduled to report its next earnings results on Wednesday, November 1st.

According to Zacks, analysts expect that Donnelley Financial Solutions will report full year earnings of $1.65 per share for the current year, with EPS estimates ranging from $1.62 to $1.67. For the next year, analysts anticipate that the company will post earnings of $1.84 per share, with EPS estimates ranging from $1.69 to $1.95. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that cover Donnelley Financial Solutions.

Donnelley Financial Solutions (NASDAQ:DFIN) last issued its earnings results on Wednesday, August 2nd. The company reported $0.76 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.82 by ($0.06). Donnelley Financial Solutions had a return on equity of 51.81% and a net margin of 6.48%. The firm had revenue of $290.20 million during the quarter, compared to the consensus estimate of $294.70 million. The firm’s revenue for the quarter was down 2.6% compared to the same quarter last year.

A number of research analysts recently weighed in on DFIN shares. Citigroup Inc. started coverage on shares of Donnelley Financial Solutions in a research note on Monday, June 19th. They issued a “neutral” rating and a $25.00 price target on the stock. Wells Fargo & Company started coverage on shares of Donnelley Financial Solutions in a research note on Monday, June 19th. They issued a “market perform” rating and a $24.00 price target on the stock. Bank of America Corporation started coverage on shares of Donnelley Financial Solutions in a research note on Friday, June 23rd. They issued a “buy” rating on the stock. Finally, J P Morgan Chase & Co started coverage on shares of Donnelley Financial Solutions in a research note on Tuesday, August 15th. They issued a “neutral” rating and a $24.00 price target on the stock.

A number of institutional investors have recently modified their holdings of the stock. Municipal Employees Retirement System of Michigan lifted its stake in Donnelley Financial Solutions by 3.2% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 6,200 shares of the company’s stock valued at $142,000 after buying an additional 190 shares in the last quarter. Stevens Capital Management LP lifted its stake in Donnelley Financial Solutions by 3.5% in the 2nd quarter. Stevens Capital Management LP now owns 22,846 shares of the company’s stock worth $525,000 after purchasing an additional 773 shares in the last quarter. California Public Employees Retirement System lifted its stake in Donnelley Financial Solutions by 2.8% in the 2nd quarter. California Public Employees Retirement System now owns 102,562 shares of the company’s stock worth $2,355,000 after purchasing an additional 2,800 shares in the last quarter. Arizona State Retirement System lifted its stake in Donnelley Financial Solutions by 26.8% in the 2nd quarter. Arizona State Retirement System now owns 17,200 shares of the company’s stock worth $395,000 after purchasing an additional 3,638 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd lifted its stake in Donnelley Financial Solutions by 29.6% in the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 16,964 shares of the company’s stock worth $390,000 after purchasing an additional 3,878 shares in the last quarter.

Shares of Donnelley Financial Solutions (NASDAQ DFIN) traded down 1.06% during midday trading on Thursday, hitting $20.50. The stock had a trading volume of 287,601 shares. The firm has a 50 day moving average price of $21.45 and a 200-day moving average price of $21.45. Donnelley Financial Solutions has a 52-week low of $18.02 and a 52-week high of $29.00. The stock has a market cap of $690.85 million and a PE ratio of 17.95.

COPYRIGHT VIOLATION NOTICE: “Donnelley Financial Solutions Inc (DFIN) Expected to Announce Earnings of $0.19 Per Share” was reported by American Banking News and is owned by of American Banking News. If you are viewing this piece of content on another publication, it was stolen and republished in violation of international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2017/09/21/donnelley-financial-solutions-inc-dfin-expected-to-announce-earnings-of-0-19-per-share.html.

Donnelley Financial Solutions Company Profile

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.

Get a free copy of the Zacks research report on Donnelley Financial Solutions (DFIN)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Donnelley Financial Solutions Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Donnelley Financial Solutions Inc and related companies with MarketBeat.com's FREE daily email newsletter.