Donnelley Financial Solutions, Inc. (NYSE:DFIN) is reporting third quarter financial results on Wednesday 4th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, DFIN is expected to report 3Q20 income of $ 0.24 per share from revenue of $ 193.40 million.
For the full year, analysts anticipate top line of $ 857.00 million, while looking forward to income of $ 1.50 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 180.00 million ~ $ 190.00 million
Full Year 2020 topline are forecasted in a range of$ 860.00 million ~ $ 880.00 million
Click Here For More Historical Outlooks Of Donnelley Financial Solutions, Inc.
Previous Quarter Performance
Donnelley Financial Solutions, Inc. reported income for the second quarter of $ 0.87 per share, from the revenue of $ 254.00 million. The quarterly earnings 17.57 percent while revenues fell 4.36 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.27 per share from $ 225.62 million in revenue. The bottom line results beat street analysts by $ 0.6 or 222.22 percent, at the same time, top line results outshined analysts by $ 28.38 million or 12.58 percent.
Stock Performance
Shares of Donnelley Financial Solutions, Inc. traded up $ 0.89 or 6.77 percent on Tuesday, reaching $ 14.04 with volume of 226.80 thousand shares. Donnelley Financial Solutions, Inc. has traded high as $ 14.13 and has cracked $ 13.46 on the downward trend
According to the previous trading day, closing price of $ 14.04, representing a 225.50 % increase from the 52 week low of $ 4.04 and a 11.57 % decrease over the 52 week high of $ 14.87.
The company has a market capital of $ 474.96 million and is part of the Financial Services sector and Capital Markets industry.
Conference Call
Donnelley Financial Solutions, Inc. will be hosting a conference call at 9:00 AM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.dfinsolutions.com
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.
