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Donnelley Financial Solutions (DFIN)
NYSE:DFIN
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Earnings Data
Report Date
Feb 25, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.46Last Year’s EPS
$0.61Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 31, 2024
|% Change Since: -3.85%
|Next Earnings Date:Feb 25, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed performance with solid growth in software solutions and financial stability, offset by declines in transactional and print revenues due to market conditions and regulatory changes. The effective tax rate adversely impacted earnings, but the company's strategic transformation and SaaS growth remain strong.Company Guidance
During the third quarter 2024 earnings call for Donnelley Financial Solutions (DFIN), the company provided guidance highlighting several key metrics and strategic insights. Adjusted EBITDA for the quarter was reported at $43.2 million, with an adjusted EBITDA margin of 24.1%. Net sales reached $179.5 million, while software solutions net sales grew by 13.6% year-over-year, representing 46% of total net sales for the quarter. The company projected fourth-quarter net sales in the range of $165 million to $175 million, with adjusted EBITDA margins anticipated to be in the low 20% range. Capital markets transactional revenue was expected to decline by approximately $2 million compared to the previous year's fourth quarter. Additionally, the company forecasted $11 million to $12 million in incremental recurring software revenue from tailored shareholder reports, with half of it being recognized in 2024.SaaS Offerings Growth
Double-digit growth in SaaS offerings contributed to favorable sales mix and improved operating cash flow. Software Solutions net sales grew 13.6% year-over-year, representing 46% of total net sales, the highest level achieved to date.
Venue Sales Performance
Venue posted approximately 27% sales growth, driven by strong sales execution and higher pricing, despite overlapping last year's strong third quarter.
Tailored Shareholder Reports Success
DFIN's tailored shareholder report solution led to incremental revenue and industry recognition, achieving $11 million to $12 million in incremental recurring software revenue.
Financial Stability and Cash Flow
Free cash flow in the quarter was $67.3 million, an improvement of $6 million compared to the third quarter of 2023. Total debt was reduced significantly, with a non-GAAP net leverage ratio of 0.4x.
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DFIN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DFIN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 31, 2024 | $63.88 | $58.34 | -8.67% |
| Jul 31, 2024 | $69.46 | $67.48 | -2.85% |
| May 01, 2024 | $62.78 | $59.53 | -5.18% |
| Feb 20, 2024 | $61.40 | $62.26 | +1.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Donnelley Financial Solutions (DFIN) report earnings?
Donnelley Financial Solutions (DFIN) is schdueled to report earning on Feb 25, 2025, TBA Not Confirmed.
What is Donnelley Financial Solutions (DFIN) earnings time?
Donnelley Financial Solutions (DFIN) earnings time is at Feb 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DFIN EPS forecast?
DFIN EPS forecast for the fiscal quarter 2024 (Q4) is $0.46.
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