Zacks: Analysts Expect Dun & Bradstreet Corp (DNB) Will Post Earnings of $3.73 Per Share

Wall Street analysts forecast that Dun & Bradstreet Corp (NYSE:DNB) will report earnings per share of $3.73 for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Dun & Bradstreet’s earnings, with the highest EPS estimate coming in at $3.85 and the lowest estimate coming in at $3.55. Dun & Bradstreet posted earnings per share of $3.22 in the same quarter last year, which would indicate a positive year over year growth rate of 15.8%. The firm is expected to report its next earnings results on Monday, February 11th.

On average, analysts expect that Dun & Bradstreet will report full year earnings of $8.44 per share for the current fiscal year, with EPS estimates ranging from $8.20 to $8.70. For the next fiscal year, analysts anticipate that the company will post earnings of $8.82 per share, with EPS estimates ranging from $8.50 to $9.05. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Dun & Bradstreet.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings results on Thursday, November 1st. The business services provider reported $1.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.98 by ($0.13). Dun & Bradstreet had a net margin of 13.02% and a negative return on equity of 36.68%. The firm had revenue of $416.70 million during the quarter, compared to analyst estimates of $432.51 million. During the same period last year, the firm earned $1.79 EPS. Dun & Bradstreet’s quarterly revenue was down 2.7% on a year-over-year basis.

Several brokerages have recently issued reports on DNB. Zacks Investment Research lowered shares of Dun & Bradstreet from a “hold” rating to a “sell” rating in a report on Monday. TheStreet raised shares of Dun & Bradstreet from a “c” rating to a “b-” rating in a report on Monday, November 19th. Barclays reissued an “equal weight” rating and issued a $145.00 price target (up previously from $140.00) on shares of Dun & Bradstreet in a report on Friday, August 10th. ValuEngine raised shares of Dun & Bradstreet from a “hold” rating to a “buy” rating in a report on Thursday, August 9th. Finally, Robert W. Baird boosted their price target on shares of Dun & Bradstreet from $135.00 to $145.00 and gave the company a “neutral” rating in a report on Thursday, August 9th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company. Dun & Bradstreet presently has a consensus rating of “Hold” and an average target price of $133.40.

A number of hedge funds and other institutional investors have recently made changes to their positions in DNB. BlackRock Inc. lifted its position in Dun & Bradstreet by 0.8% during the 2nd quarter. BlackRock Inc. now owns 3,336,959 shares of the business services provider’s stock worth $409,279,000 after buying an additional 26,473 shares in the last quarter. Boston Partners lifted its position in Dun & Bradstreet by 8.9% during the 2nd quarter. Boston Partners now owns 1,234,321 shares of the business services provider’s stock worth $151,389,000 after buying an additional 100,803 shares in the last quarter. Investec Asset Management LTD lifted its position in Dun & Bradstreet by 29.8% during the 2nd quarter. Investec Asset Management LTD now owns 887,561 shares of the business services provider’s stock worth $108,859,000 after buying an additional 203,940 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Dun & Bradstreet by 0.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 831,536 shares of the business services provider’s stock worth $118,502,000 after buying an additional 4,744 shares in the last quarter. Finally, AGF Investments Inc. lifted its position in Dun & Bradstreet by 10.7% during the 2nd quarter. AGF Investments Inc. now owns 655,218 shares of the business services provider’s stock worth $80,362,000 after buying an additional 63,321 shares in the last quarter. 84.36% of the stock is owned by hedge funds and other institutional investors.

Shares of DNB stock opened at $143.74 on Tuesday. Dun & Bradstreet has a 12-month low of $105.42 and a 12-month high of $145.00. The firm has a market capitalization of $5.33 billion, a PE ratio of 19.53, a PEG ratio of 2.84 and a beta of 1.09.

About Dun & Bradstreet

The Dun & Bradstreet Corporation provides commercial data, analytics, and insight on businesses. The company operates through two segments, Americas and Non-Americas. It offers risk management solutions comprising trade credit solutions, such as The D&B Credit Suite, which includes D&B Credit and DNBi, subscription-based online applications that offer customers real time access to information, comprehensive monitoring, and portfolio analysis; various business information reports; and D&B Credibility solutions primarily for small businesses; Supplier Risk Manager, an online application that helps businesses mitigate supply chain risk; Compliance product suite that includes D&B Onboard and D&B Compliance Check, which helps customers comply with anti-money laundering and anti-bribery and corruption regulations through onboarding, screening, and monitoring of customers and third parties; and D&B Direct, an API that enables data integration inside enterprise applications, such as ERP, and enables master data management and toolkit.

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