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

Dun & Bradstreet (NYSE:DNB) will be posting its quarterly earnings results before the market opens on Thursday, October 31st. Analysts expect Dun & Bradstreet to post earnings of $0.23 per share for the quarter. Dun & Bradstreet has set its FY24 guidance at $1.00-1.04 EPS and its FY 2024 guidance at 1.000-1.040 EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

Dun & Bradstreet (NYSE:DNB) last issued its earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.23. The company had revenue of $576.20 million during the quarter, compared to analyst estimates of $580.77 million. Dun & Bradstreet had a positive return on equity of 11.35% and a negative net margin of 1.42%. The firm’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the business posted $0.17 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 Up 0.1 %

Shares of DNB stock opened at $10.88 on Wednesday. Dun & Bradstreet has a fifty-two week low of $8.68 and a fifty-two week high of $12.75. The firm has a market capitalization of $4.81 billion, a PE ratio of -135.94, a P/E/G ratio of 2.66 and a beta of 1.16. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.71 and a current ratio of 0.71. The stock’s 50-day simple moving average is $11.50 and its 200-day simple moving average is $10.54.

Dun & Bradstreet Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $0.20 annualized dividend and a yield of 1.84%. Dun & Bradstreet’s dividend payout ratio (DPR) is presently -250.00%.

Wall Street Analyst Weigh In

Several research firms have recently commented on DNB. Barclays upped their price objective on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Friday, September 13th. Needham & Company LLC reaffirmed a “buy” rating and set a $17.00 price target on shares of Dun & Bradstreet in a research report on Monday, August 5th. The Goldman Sachs Group boosted their price objective on Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a report on Monday, August 5th. Royal Bank of Canada dropped their target price on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating on the stock in a report on Friday, August 2nd. Finally, JPMorgan Chase & Co. boosted their price target on Dun & Bradstreet from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Monday, August 5th. Five equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $13.85.

Dun & Bradstreet Company Profile

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.