Donnelley Financial Solutions (DFIN) Misses Q4 EPS by 21c

Donnelley Financial Solutions (NYSE: DFIN) reported Q4 EPS of $0.13, $0.21 worse than the analyst estimate of $0.34. Revenue for the quarter came in at $221 million versus the consensus estimate of $224.4 million.

2017 Guidance

The Company provides the following full-year guidance for 2017, which assumes a modest recovery in capital markets transactions activity for the full year, the negative impact of the incremental dis-synergies and ongoing costs not fully allocated in the historical periods, as well as the planned cost reduction actions as noted above:

• Revenue of approximately $1 billion, representing organic growth in the range of 1% to 2%
• Non-GAAP adjusted EBITDA in the range of $165 - $175 million, including corporate costs in the range of $15 – $20 million
• Free cash flow1 in the range of $45 - $55 million, which includes an assumption of capital spending in the range of $30 - $35 million

For earnings history and earnings-related data on Donnelley Financial Solutions (DFIN) click here.

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