Dun & Bradstreet (DNB) to Release Quarterly Earnings on Thursday

Dun & Bradstreet (NYSE:DNB) is set to release its earnings data before the market opens on Thursday, August 1st. Analysts expect Dun & Bradstreet to post earnings of $0.19 per share for the quarter. Dun & Bradstreet has set its FY24 guidance at $1.00-1.04 EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Dun & Bradstreet (NYSE:DNB) last posted its quarterly earnings results on Thursday, May 2nd. The business services provider reported $0.17 EPS for the quarter, beating the consensus estimate of $0.16 by $0.01. Dun & Bradstreet had a positive return on equity of 10.99% and a negative net margin of 1.56%. The firm had revenue of $564.50 million during the quarter, compared to analysts’ expectations of $567.77 million. 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 Price Performance

Shares of NYSE:DNB opened at $11.06 on Wednesday. The firm has a market capitalization of $4.89 billion, a PE ratio of -138.19, a PEG ratio of 1.99 and a beta of 1.16. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 1.04. Dun & Bradstreet has a 1-year low of $8.68 and a 1-year high of $12.62. The business’s 50 day moving average is $9.63 and its 200-day moving average is $10.11.

Dun & Bradstreet Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th will be paid a dividend of $0.05 per share. The ex-dividend date is Thursday, September 5th. This represents a $0.20 dividend on an annualized basis and a yield of 1.81%. Dun & Bradstreet’s dividend payout ratio is currently -250.00%.

Wall Street Analyst Weigh In

DNB has been the subject of a number of analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $17.00 price objective on shares of Dun & Bradstreet in a report on Tuesday, May 14th. Jefferies Financial Group cut their price target on shares of Dun & Bradstreet from $14.00 to $13.00 and set a “buy” rating for the company in a research note on Friday, April 12th. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.64.

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.