Zacks: Brokerages Expect Dun & Bradstreet Corporation (The) (DNB) to Announce $1.59 Earnings Per Share

Equities analysts expect Dun & Bradstreet Corporation (The) (NYSE:DNB) to report $1.59 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Dun & Bradstreet Corporation (The)’s earnings, with the lowest EPS estimate coming in at $1.55 and the highest estimate coming in at $1.68. Dun & Bradstreet Corporation (The) reported earnings of $1.79 per share during the same quarter last year, which would indicate a negative year over year growth rate of 11.2%. The business is expected to issue its next earnings report on Tuesday, November 7th.

On average, analysts expect that Dun & Bradstreet Corporation (The) will report full year earnings of $7.02 per share for the current fiscal year, with EPS estimates ranging from $6.98 to $7.06. For the next year, analysts expect that the firm will post earnings of $7.41 per share, with EPS estimates ranging from $7.23 to $7.58. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that follow Dun & Bradstreet Corporation (The).

Dun & Bradstreet Corporation (The) (NYSE:DNB) last issued its quarterly earnings results on Wednesday, August 2nd. The business services provider reported $1.40 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.16 by $0.24. The business had revenue of $408.40 million for the quarter, compared to the consensus estimate of $410.90 million. Dun & Bradstreet Corporation (The) had a net margin of 6.36% and a negative return on equity of 26.22%. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.37 EPS.

A number of research analysts have issued reports on the company. Zacks Investment Research upgraded Dun & Bradstreet Corporation (The) from a “hold” rating to a “buy” rating and set a $127.00 target price on the stock in a research report on Monday. BidaskClub upgraded Dun & Bradstreet Corporation (The) from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. Dun & Bradstreet Corporation (The) presently has a consensus rating of “Hold” and an average target price of $117.33.

Shares of Dun & Bradstreet Corporation (NYSE:DNB) traded down 0.49% on Friday, reaching $111.14. 84,677 shares of the company traded hands. The firm’s 50 day moving average is $108.30 and its 200 day moving average is $109.26. The company has a market capitalization of $4.10 billion, a P/E ratio of 37.84 and a beta of 1.22. Dun & Bradstreet Corporation has a one year low of $100.46 and a one year high of $140.44.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Wednesday, August 23rd will be paid a dividend of $0.5025 per share. This represents a $2.01 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date of this dividend is Monday, August 21st. Dun & Bradstreet Corporation (The)’s payout ratio is 68.37%.

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Several hedge funds have recently made changes to their positions in DNB. ProShare Advisors LLC raised its stake in shares of Dun & Bradstreet Corporation (The) by 1.6% in the first quarter. ProShare Advisors LLC now owns 10,355 shares of the business services provider’s stock worth $1,118,000 after buying an additional 165 shares during the last quarter. First Manhattan Co. raised its stake in shares of Dun & Bradstreet Corporation (The) by 62.2% in the first quarter. First Manhattan Co. now owns 259,829 shares of the business services provider’s stock worth $35,497,000 after buying an additional 99,612 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in shares of Dun & Bradstreet Corporation (The) by 369.3% in the first quarter. Nisa Investment Advisors LLC now owns 17,598 shares of the business services provider’s stock worth $1,900,000 after buying an additional 13,848 shares during the last quarter. Capstone Asset Management Co. raised its stake in shares of Dun & Bradstreet Corporation (The) by 5.0% in the first quarter. Capstone Asset Management Co. now owns 2,329 shares of the business services provider’s stock worth $251,000 after buying an additional 110 shares during the last quarter. Finally, Bank of Montreal Can raised its stake in shares of Dun & Bradstreet Corporation (The) by 56.4% in the first quarter. Bank of Montreal Can now owns 34,946 shares of the business services provider’s stock worth $3,771,000 after buying an additional 12,603 shares during the last quarter. 92.33% of the stock is currently owned by hedge funds and other institutional investors.

Dun & Bradstreet Corporation (The) Company Profile

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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