$547.78 Million in Sales Expected for Dun & Bradstreet Corp (DNB) This Quarter
Equities analysts predict that Dun & Bradstreet Corp (NYSE:DNB) will announce sales of $547.78 million for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Dun & Bradstreet’s earnings, with the lowest sales estimate coming in at $534.90 million and the highest estimate coming in at $561.54 million. Dun & Bradstreet posted sales of $527.00 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 3.9%. The company is expected to announce its next quarterly earnings results on Monday, February 11th.
According to Zacks, analysts expect that Dun & Bradstreet will report full year sales of $1.77 billion for the current financial year, with estimates ranging from $1.74 billion to $1.78 billion. For the next financial year, analysts expect that the company will post sales of $1.80 billion, with estimates ranging from $1.78 billion to $1.83 billion. Zacks’ sales calculations are a mean average based on a survey of research analysts that cover Dun & Bradstreet.
Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings data on Thursday, November 1st. The business services provider reported $1.85 EPS for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $432.51 million. During the same period last year, the business earned $1.79 EPS. The business’s revenue was down 2.7% on a year-over-year basis.
Shares of DNB traded up $0.35 during midday trading on Thursday, reaching $144.09. The stock had a trading volume of 734,876 shares, compared to its average volume of 464,759. Dun & Bradstreet has a one year low of $105.42 and a one year high of $145.00. The company has a market cap of $5.34 billion, a PE ratio of 19.58, a price-to-earnings-growth ratio of 2.88 and a beta of 1.09.
Several institutional investors and hedge funds have recently made changes to their positions in the company. Federated Investors Inc. PA grew its position in shares of Dun & Bradstreet by 2,907.8% in the 3rd quarter. Federated Investors Inc. PA now owns 522,432 shares of the business services provider’s stock valued at $74,451,000 after acquiring an additional 505,063 shares during the period. Great Lakes Advisors LLC acquired a new stake in shares of Dun & Bradstreet during the 3rd quarter worth about $304,000. Morgan Stanley lifted its stake in shares of Dun & Bradstreet by 48.2% during the 3rd quarter. Morgan Stanley now owns 104,108 shares of the business services provider’s stock worth $14,837,000 after buying an additional 33,850 shares during the last quarter. Legal & General Group Plc lifted its stake in shares of Dun & Bradstreet by 1.3% during the 3rd quarter. Legal & General Group Plc now owns 161,420 shares of the business services provider’s stock worth $23,004,000 after buying an additional 2,122 shares during the last quarter. Finally, Lombard Odier Asset Management USA Corp acquired a new stake in shares of Dun & Bradstreet during the 3rd quarter worth about $1,069,000. 84.19% of the stock is owned by institutional investors.
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.
Further Reading: Systematic Risk
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