Donnelley Financial Reports Third-Quarter 2018 Results
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Donnelley Financial Solutions (DFIN) Tops Q3 EPS by 7c, Revenues Miss; Affirms FY18 Revenue Guidance
November 7, 2018 6:42 AM ESTDonnelley Financial Solutions (NYSE: DFIN) reported Q3 EPS of $0.27, $0.07 better than the analyst estimate of $0.20. Revenue for the quarter came in at $216.9 million versus the consensus estimate of $218.5 million.
Completed the sale of Language Solutions business on July 22, 2018 for $77.5 million in cashThird-quarter net sales of $216.9 million decreased 2.6% from the third quarter of 2017Excluding the impact of the sale of Language Solutions, the adoption of the new revenue recognition standard(1) and changes in foreign exchange rates, organic sales increased... More