Workflow
Dun & Bradstreet (DNB) Meets Q3 Earnings Estimates
Dun & BradstreetDun & Bradstreet(US:DNB) ZACKSยท2024-10-31 13:55

Core Viewpoint - Dun & Bradstreet reported quarterly earnings of $0.27 per share, matching the Zacks Consensus Estimate, with revenues of $609.1 million, exceeding expectations by 0.63% [1][2] Financial Performance - Earnings per share (EPS) for the quarter were $0.27, consistent with the previous year and the consensus estimate [1] - Revenues increased from $588.5 million a year ago to $609.1 million [2] - The company has surpassed consensus revenue estimates twice in the last four quarters [2] Market Performance - Dun & Bradstreet shares have declined approximately 7.4% year-to-date, contrasting with the S&P 500's gain of 21.9% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is $0.33, with projected revenues of $660.1 million, and for the current fiscal year, the EPS estimate is $1.02 on revenues of $2.41 billion [7] - The industry outlook is favorable, with the Business - Information Services sector ranking in the top 7% of Zacks industries, suggesting potential for outperformance [8]