Dun & Bradstreet (DNB) Beats On Q3 Earnings, Raises Guidance
Zacks Investment Research | Nov 01, 2017 10:21PM ET
The Dun & Bradstreet Corporation (NYSE:DNB) reported third-quarter 2017 results wherein adjusted earnings of $1.79 per share easily beat the Zacks Consensus Estimate of $1.58. On a year-over-year basis, non-GAAP earnings were flat.
On an adjusted basis and after including forex effect, total revenue came in at $430 million, up 4% year over year. On a GAAP basis revenues were $428.3 million, up 4%. The Zacks Consensus Estimate was pegged at $429.3 million.
Quarter Details
Organic revenues came in at $413.8 million, up 2% (before effects of forex) year over year. Adjusted deferred revenues remained flat year over year.
Region-wise, adjusted revenues (and after including forex effect) from the company’s Americas segment were up 4% year over year to $353.7 million while that from Non-Americas increased 3% to $76.3 million.
Segment-wise, on an adjusted basis and after including forex effect, Risk Management Solutions revenues from Americas were flat year over year at $202.6 million. Nonetheless, Sales and Marketing Solutions revenues from the region grew 12% from the year-ago quarter to $151.1 million.
In the Non-Americas, adjusted Risk Management Solutions revenues were flat year over year at $60.2 million. Sales and Marketing Solutions Non-Americas however grew 16% from the year-ago quarter to $16.1 million.
Margins
On an adjusted basis, total operating costs were down 4% to $316.8 million. Adjusted total operating income was $113.2 million, up 6% year over year.
Dun & Bradstreet Corporation (The) Price, Consensus and EPS Surprise
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