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Dun & Bradstreet (DNB) Q4 Earnings Beat, Revenues Grow Y/Y
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The Dun & Bradstreet Corporation (DNB - Free Report) reported fourth-quarter 2017 results wherein adjusted earnings of $3.22 per share beat the Zacks Consensus Estimate of $3.03 and increased 7.7% on a year-over-year basis.
On an adjusted basis and after including forex effect, total revenues came in at $528.3 million, up 2.2% year over year. On a GAAP basis, revenues were $527 million, up 1.9%. The Zacks Consensus Estimate was pegged at $537 million.
Full Year Results at a Glance
D&B reported adjusted earnings of $7.36 per share for 2017, which improved by a penny over 2016. Adjusted revenues for 2017 came in at $1.75 billion, up 2.3% year over year.
Revenues from Risk Management Solutions were nearly $1.01 billion, comprising 57.7% of 2017 total revenues. Revenues from Sales and Marketing Solutions were $740.7 million, comprising 42.3% of total revenues.
Quarter Details
Organic revenues came in at $512.9 million, up 0.5% (before effects of forex) year over year.
Region-wise, adjusted revenues (and after including forex effect) from the company’s Americas segment (85.1% of total) were up 2% year over year to $449.4 million while that from Non-Americas (14.9%) increased 4% to $78.9 million.
Segment-wise, on an adjusted basis and after including forex effect, Risk Management Solutions revenues from Americas decreased 1% year over year to $208 million. Nonetheless, Sales and Marketing Solutions revenues from the region grew 4.4% from the year-ago quarter to $241.4 million.
In Non-Americas, adjusted Risk Management Solutions revenues increased 1% year over year to $62 million. Sales and Marketing Solutions Non-Americas grew 16.6% from the year-ago quarter to $16.9 million.
Dun & Bradstreet Corporation (The) Price, Consensus and EPS Surprise
On an adjusted basis, total operating costs remained flat at $336.4 million. Adjusted total operating income was $191.9 million, up 6.2% year over year. Adjusted operating margin of 36.3% expanded 140 basis points (bps) from the year-ago quarter.
Balance Sheet & Cash Flow
As of Dec 31, 2017, the company’s cash and cash equivalents were $442.4 compared with $431 million as of Sep 30, 2017. Long-term debt was approximately $1.65 billion. The company’s net debt position as of Dec 31, 2017 was $1.24 billion.
For 2017, cash flow from operating activities was $286.5 million compared with $322.7 million in 2016. Free cash flow for 2017 was $224.4 million, down 15% year over year.
Long-term earnings growth rate for Micron, Lam Research and Paycom Software is projected to be 10%, 14.9% and 25.8%, respectively.
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Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
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Dun & Bradstreet (DNB) Q4 Earnings Beat, Revenues Grow Y/Y
The Dun & Bradstreet Corporation (DNB - Free Report) reported fourth-quarter 2017 results wherein adjusted earnings of $3.22 per share beat the Zacks Consensus Estimate of $3.03 and increased 7.7% on a year-over-year basis.
On an adjusted basis and after including forex effect, total revenues came in at $528.3 million, up 2.2% year over year. On a GAAP basis, revenues were $527 million, up 1.9%. The Zacks Consensus Estimate was pegged at $537 million.
Full Year Results at a Glance
D&B reported adjusted earnings of $7.36 per share for 2017, which improved by a penny over 2016. Adjusted revenues for 2017 came in at $1.75 billion, up 2.3% year over year.
Revenues from Risk Management Solutions were nearly $1.01 billion, comprising 57.7% of 2017 total revenues. Revenues from Sales and Marketing Solutions were $740.7 million, comprising 42.3% of total revenues.
Quarter Details
Organic revenues came in at $512.9 million, up 0.5% (before effects of forex) year over year.
Region-wise, adjusted revenues (and after including forex effect) from the company’s Americas segment (85.1% of total) were up 2% year over year to $449.4 million while that from Non-Americas (14.9%) increased 4% to $78.9 million.
Segment-wise, on an adjusted basis and after including forex effect, Risk Management Solutions revenues from Americas decreased 1% year over year to $208 million. Nonetheless, Sales and Marketing Solutions revenues from the region grew 4.4% from the year-ago quarter to $241.4 million.
In Non-Americas, adjusted Risk Management Solutions revenues increased 1% year over year to $62 million. Sales and Marketing Solutions Non-Americas grew 16.6% from the year-ago quarter to $16.9 million.
Dun & Bradstreet Corporation (The) Price, Consensus and EPS Surprise
Dun & Bradstreet Corporation (The) Price, Consensus and EPS Surprise | Dun & Bradstreet Corporation (The) Quote
Margins
On an adjusted basis, total operating costs remained flat at $336.4 million. Adjusted total operating income was $191.9 million, up 6.2% year over year. Adjusted operating margin of 36.3% expanded 140 basis points (bps) from the year-ago quarter.
Balance Sheet & Cash Flow
As of Dec 31, 2017, the company’s cash and cash equivalents were $442.4 compared with $431 million as of Sep 30, 2017. Long-term debt was approximately $1.65 billion. The company’s net debt position as of Dec 31, 2017 was $1.24 billion.
For 2017, cash flow from operating activities was $286.5 million compared with $322.7 million in 2016. Free cash flow for 2017 was $224.4 million, down 15% year over year.
Zacks Rank & Stocks to Consider
D&B carries a Zacks Rank #3 (Hold).
Better-ranked stocks in the broader technology sector include Micron Technology Inc. (MU - Free Report) , Lam Research Corporation (LRCX - Free Report) and Paycom Software Inc. (PAYC - Free Report) , all sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Long-term earnings growth rate for Micron, Lam Research and Paycom Software is projected to be 10%, 14.9% and 25.8%, respectively.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>