Dun & Bradstreet (DNB) got here out with quarterly earnings of $0.27 per share, according to the Zacks Consensus Estimate. This compares to earnings of $0.27 per share a yr in the past. These figures are adjusted for non-recurring gadgets.
1 / 4 in the past, it was anticipated that this firm would publish earnings of $0.23 per share when it truly produced earnings of $0.23, delivering no shock.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.
Dun & Bradstreet
The sustainability of the inventory’s quick worth motion primarily based on the recently-released numbers and future earnings expectations will largely depend upon administration’s commentary on the earnings name.
Dun & Bradstreet shares have misplaced about 7.4% because the starting of the yr versus the S&P 500’s achieve of 21.9%.
What’s Subsequent for Dun & Bradstreet?
Whereas Dun & Bradstreet has underperformed the market to this point this yr, the query that involves traders’ minds is: what’s subsequent for the inventory?
There aren’t any simple solutions to this key query, however one dependable measure that may assist traders handle that is the corporate’s earnings outlook. Not solely does this embrace present consensus earnings expectations for the approaching quarter(s), but additionally how these expectations have modified these days.
Empirical analysis exhibits a powerful correlation between near-term inventory actions and tendencies in earnings estimate revisions. Buyers can monitor such revisions by themselves or depend on a tried-and-tested score device just like the Zacks Rank, which has a formidable monitor report of harnessing the facility of earnings estimate revisions.
Forward of this earnings release, the estimate revisions development for Dun & Bradstreet: blended. Whereas the magnitude and course of estimate revisions might change following the corporate’s just-released earnings report, the present standing interprets right into a Zacks Rank #3 (Maintain) for the inventory. So, the shares are anticipated to carry out according to the market within the close to future. You may see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
It is going to be attention-grabbing to see how estimates for the approaching quarters and present fiscal yr change within the days forward. The present consensus EPS estimate is $0.33 on $660.1 million in revenues for the approaching quarter and $1.02 on $2.41 billion in revenues for the present fiscal yr.
Buyers must be aware of the truth that the outlook for the trade can have a cloth affect on the efficiency of the inventory as effectively. By way of the Zacks Business Rank, Enterprise – Info Providers is at the moment within the high 7% of the 250 plus Zacks industries. Our analysis exhibits that the highest 50% of the Zacks-ranked industries outperform the underside 50% by an element of greater than 2 to 1.
One other inventory from the identical trade, Benefit Options Inc. (ADV), has but to report outcomes for the quarter ended September 2024. The outcomes are anticipated to be launched on November 7.
This firm is anticipated to publish quarterly earnings of $0.11 per share in its upcoming report, which represents a year-over-year change of +257.1%. The consensus EPS estimate for the quarter has remained unchanged over the past 30 days.
Benefit Options Inc.’s revenues are anticipated to be $935.21 million, down 14.7% from the year-ago quarter.
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Dun & Bradstreet Holdings, Inc. (DNB) : Free Stock Analysis Report
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