Zacks: Analysts Anticipate Dun & Bradstreet Corp (DNB) Will Post Earnings of $3.03 Per Share
Equities research analysts expect Dun & Bradstreet Corp (NYSE:DNB) to report earnings per share of $3.03 for the current quarter, Zacks reports. Five analysts have made estimates for Dun & Bradstreet’s earnings, with the highest EPS estimate coming in at $3.06 and the lowest estimate coming in at $2.98. Dun & Bradstreet posted earnings of $2.99 per share during the same quarter last year, which indicates a positive year over year growth rate of 1.3%. The business is expected to report its next quarterly earnings report on Wednesday, February 14th.
According to Zacks, analysts expect that Dun & Bradstreet will report full-year earnings of $7.17 per share for the current year, with EPS estimates ranging from $7.12 to $7.20. For the next financial year, analysts forecast that the firm will report earnings of $7.37 per share, with EPS estimates ranging from $7.14 to $7.56. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that cover Dun & Bradstreet.
Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings results on Wednesday, November 1st. The business services provider reported $1.79 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.21. Dun & Bradstreet had a negative return on equity of 28.31% and a net margin of 11.12%. The firm had revenue of $428.30 million for the quarter, compared to analyst estimates of $428.81 million. During the same quarter in the previous year, the company posted $1.79 EPS. The business’s revenue was up 3.8% on a year-over-year basis.
Several institutional investors have recently made changes to their positions in DNB. Glenview Capital Management LLC bought a new stake in shares of Dun & Bradstreet during the 2nd quarter valued at about $108,776,000. Shapiro Capital Management LLC bought a new stake in shares of Dun & Bradstreet during the 2nd quarter valued at about $98,786,000. Cramer Rosenthal Mcglynn LLC boosted its position in shares of Dun & Bradstreet by 52.5% during the 2nd quarter. Cramer Rosenthal Mcglynn LLC now owns 1,735,371 shares of the business services provider’s stock valued at $187,680,000 after purchasing an additional 597,297 shares in the last quarter. BlackRock Inc. boosted its position in shares of Dun & Bradstreet by 20.2% during the 2nd quarter. BlackRock Inc. now owns 3,050,058 shares of the business services provider’s stock valued at $329,861,000 after purchasing an additional 511,579 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of Dun & Bradstreet by 144.5% during the 2nd quarter. Renaissance Technologies LLC now owns 433,958 shares of the business services provider’s stock valued at $46,933,000 after purchasing an additional 256,458 shares in the last quarter. Institutional investors own 90.82% of the company’s stock.
Dun & Bradstreet (NYSE:DNB) traded down $0.37 during midday trading on Tuesday, hitting $119.96. The company’s stock had a trading volume of 190,800 shares, compared to its average volume of 240,533. Dun & Bradstreet has a 1 year low of $100.46 and a 1 year high of $125.57. The company has a debt-to-equity ratio of -1.93, a current ratio of 0.92 and a quick ratio of 0.92. The company has a market cap of $4,433.69, a price-to-earnings ratio of 23.11, a PEG ratio of 1.81 and a beta of 1.27.
About Dun & Bradstreet
The Dun & Bradstreet Corporation is the source of commercial data, analytics and insight on businesses. The Company operates through two segments: Americas, which consists of its operations in the United States and Canada, and Non-Americas, which consists of its operations in the United Kingdom, Greater China, India, and its European and Asia Pacific Worldwide Networks.
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