Donnelley Financial Solns Q2 Adj. EPS $1.34 Beats $1.09 Estimate, Sales $242.10M Beat $230.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
Donnelley Financial Solns (NYSE:DFIN) reported Q2 adjusted earnings of $1.34 per share, beating the analyst consensus estimate of $1.09 by 22.94%. However, this is a 12.99% decrease from the same period last year. The company also reported quarterly sales of $242.10 million, surpassing the analyst consensus estimate of $230.60 million by 4.99%, but this is a 9.05% decrease from the same period last year.
August 04, 2023 | 10:56 am
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Donnelley Financial Solns reported better than expected Q2 earnings and sales, but both figures are down year-over-year.
While Donnelley Financial Solns beat analyst estimates for Q2 earnings and sales, the year-over-year decrease in both figures could potentially offset the positive impact of the earnings beat. This could lead to a neutral short-term impact on the stock.
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