Donnelley Financial Solns Q3 2024 Adj. EPS $0.48 Misses $0.76 Estimate, Sales $179.500M Miss $181.433M Estimate
Portfolio Pulse from Benzinga Newsdesk
Donnelley Financial Solutions (NYSE:DFIN) reported Q3 2024 earnings per share of $0.48, missing the analyst estimate of $0.76 by 36.84%. Sales were $179.5M, slightly below the $181.433M estimate and down 0.28% from last year.
October 31, 2024 | 11:05 am
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NEGATIVE IMPACT
Donnelley Financial Solutions reported Q3 2024 earnings that significantly missed analyst expectations, with EPS at $0.48 versus the expected $0.76. Sales also fell short of estimates, coming in at $179.5M.
The significant miss in EPS and slight miss in sales are likely to negatively impact DFIN's stock price in the short term. The earnings miss is substantial, which could lead to a negative market reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100