Donnelley Financial Solutions Third Quarter 2024 Earnings: Misses Expectations

In This Article:

Donnelley Financial Solutions (NYSE:DFIN) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$179.5m (flat on 3Q 2023).

  • Net income: US$8.70m (down 52% from 3Q 2023).

  • Profit margin: 4.8% (down from 10% in 3Q 2023).

  • EPS: US$0.30 (down from US$0.62 in 3Q 2023).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Donnelley Financial Solutions Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 53%.

Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Capital Markets industry in the US.

Performance of the American Capital Markets industry.

The company's shares are down 8.8% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Donnelley Financial Solutions that you need to be mindful of.

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