Wall Street brokerages expect Donnelley Financial Solutions Inc (NYSE:DFIN) to report $229.02 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Donnelley Financial Solutions’ earnings. The lowest sales estimate is $226.80 million and the highest is $232.26 million. Donnelley Financial Solutions reported sales of $255.20 million during the same quarter last year, which indicates a negative year over year growth rate of 10.3%. The business is expected to announce its next earnings report on Wednesday, May 1st.

According to Zacks, analysts expect that Donnelley Financial Solutions will report full year sales of $927.06 million for the current fiscal year, with estimates ranging from $920.78 million to $936.00 million. For the next fiscal year, analysts forecast that the business will report sales of $942.12 million, with estimates ranging from $930.97 million to $950.00 million. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that cover Donnelley Financial Solutions.

Donnelley Financial Solutions (NYSE:DFIN) last posted its quarterly earnings data on Wednesday, February 27th. The company reported ($0.03) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.05). Donnelley Financial Solutions had a return on equity of 36.79% and a net margin of 7.64%. The firm had revenue of $200.30 million for the quarter, compared to analyst estimates of $212.17 million.

DFIN has been the subject of a number of research reports. Zacks Investment Research upgraded shares of Donnelley Financial Solutions from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a report on Tuesday, January 8th. Bank of America cut shares of Donnelley Financial Solutions from a “neutral” rating to an “underperform” rating and reduced their price target for the stock from $19.00 to $16.00 in a report on Thursday, January 17th. Four research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $19.25.

Several institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. lifted its stake in shares of Donnelley Financial Solutions by 2.8% in the fourth quarter. BlackRock Inc. now owns 5,033,478 shares of the company’s stock valued at $70,621,000 after buying an additional 139,059 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Donnelley Financial Solutions by 1.7% in the third quarter. Vanguard Group Inc. now owns 3,403,326 shares of the company’s stock valued at $60,988,000 after buying an additional 56,730 shares in the last quarter. Vanguard Group Inc lifted its stake in shares of Donnelley Financial Solutions by 1.7% in the third quarter. Vanguard Group Inc now owns 3,403,326 shares of the company’s stock valued at $60,988,000 after buying an additional 56,730 shares in the last quarter. FMR LLC lifted its stake in shares of Donnelley Financial Solutions by 2.6% in the third quarter. FMR LLC now owns 3,352,106 shares of the company’s stock valued at $60,069,000 after buying an additional 84,263 shares in the last quarter. Finally, American Century Companies Inc. lifted its stake in shares of Donnelley Financial Solutions by 6.5% in the fourth quarter. American Century Companies Inc. now owns 1,784,995 shares of the company’s stock valued at $25,043,000 after buying an additional 108,882 shares in the last quarter. 94.67% of the stock is currently owned by hedge funds and other institutional investors.

DFIN opened at $15.13 on Tuesday. Donnelley Financial Solutions has a twelve month low of $13.15 and a twelve month high of $21.44. The company has a quick ratio of 1.19, a current ratio of 1.25 and a debt-to-equity ratio of 1.60. The firm has a market cap of $516.92 million, a PE ratio of 7.00, a PEG ratio of 2.01 and a beta of 1.66.

About Donnelley Financial Solutions

Donnelley Financial Solutions, Inc operates as a risk and compliance solutions company in the United States, Europe, Asia, Canada, and Latin America. The Company provides regulatory filing and deal solutions through its software-as-a-service, technology-enabled services, and print and distribution solutions to public and private companies, mutual funds, and other regulated investment firms to serve their regulatory and compliance needs.

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