Dun & Bradstreet (DNB) Set to Announce Quarterly Earnings on Thursday

Dun & Bradstreet (NYSE:DNB) will announce its earnings results before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Dun & Bradstreet has set its FY24 guidance at $1.00-1.04 EPS.Investors interested in listening to the company’s conference call can do so using this link.

Dun & Bradstreet (NYSE:DNB) last posted its quarterly earnings data on Thursday, February 15th. The business services provider reported $0.32 EPS for the quarter, topping the consensus estimate of $0.31 by $0.01. The firm had revenue of $630.40 million during the quarter, compared to analyst estimates of $623.19 million. Dun & Bradstreet had a negative net margin of 2.03% and a positive return on equity of 10.65%. Dun & Bradstreet’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.28 EPS. On average, analysts expect Dun & Bradstreet to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Dun & Bradstreet Stock Performance

NYSE DNB opened at $9.37 on Tuesday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 1.02. Dun & Bradstreet has a 52 week low of $8.68 and a 52 week high of $12.62. The company has a 50 day moving average price of $9.90 and a 200 day moving average price of $10.46.

Dun & Bradstreet Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 21st. Shareholders of record on Thursday, March 7th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $0.20 dividend on an annualized basis and a yield of 2.13%. Dun & Bradstreet’s payout ratio is -181.82%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on DNB. Raymond James upgraded shares of Dun & Bradstreet from an “outperform” rating to a “strong-buy” rating and set a $18.00 price target on the stock in a research note on Friday, January 5th. Jefferies Financial Group dropped their price objective on shares of Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating on the stock in a report on Friday, April 12th. The Goldman Sachs Group upped their price objective on shares of Dun & Bradstreet from $10.30 to $11.50 and gave the company a “neutral” rating in a report on Friday, February 16th. Finally, Needham & Company LLC dropped their price objective on shares of Dun & Bradstreet from $18.00 to $17.00 and set a “buy” rating on the stock in a report on Friday, February 16th. Four equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.64.

Insider Activity

In related news, Director Cannae Holdings, Inc. sold 10,000,000 shares of the firm’s stock in a transaction on Monday, March 18th. The shares were sold at an average price of $10.09, for a total transaction of $100,900,000.00. Following the sale, the director now owns 69,048,691 shares in the company, valued at $696,701,292.19. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 10.00% of the company’s stock.

About Dun & Bradstreet

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business data and analytics in North America and internationally. It offers finance and risk solutions, including D&B Finance Analytics, an online application that offers clients real time access to its information, comprehensive monitoring, and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into enterprise applications for real-time credit decision-making; D&B Small Business, a suite of tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.