Donnelley Financial Solns Q3 Adj EPS $0.72 Beats $0.60 Estimate, Sales $180.00M Miss $186.62M Estimate
Portfolio Pulse from Benzinga Newsdesk
Donnelley Financial Solns (NYSE:DFIN) reported Q3 earnings of $0.72 per share, beating the analyst consensus estimate of $0.60 by 20%. However, the company's quarterly sales of $180.00 million missed the analyst consensus estimate of $186.62 million by 3.55%. This represents a 6.49% decrease in earnings and a 4.61% decrease in sales compared to the same period last year.
November 01, 2023 | 11:07 am
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NEUTRAL IMPACT
Donnelley Financial Solns reported better than expected Q3 earnings but missed on sales. This mixed report could lead to uncertainty in the stock's short-term performance.
While the earnings beat is a positive sign, the miss on sales could be a concern for investors. This mixed report could lead to volatility in the stock's short-term performance as investors digest the news.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100