Dun & Bradstreet (DNB) Tops Q1 EPS by 9c, Affirms FY15 Guidance
Dun & Bradstreet (NYSE: DNB) reported Q1 EPS of $1.33, $0.09 better than the analyst estimate of $1.24. Revenue for the quarter came in at $376.2 million versus the consensus estimate of $383.1 million.
Full Year 2015 Guidance
Dun & Bradstreet today reaffirmed its underlying financial guidance, before taking into account the acquisition of Dun & Bradstreet Credibility Corp., for the full year 2015:
- As Adjusted revenue growth 2% to 5%, before the effect of foreign exchange;
- As Adjusted operating income of (2%) to 2%;
- As Adjusted diluted EPS of (3%) to 1%; and
- Free cash flow of $255 million to $285 million, which excludes the impact of legacy tax matters and any potential regulatory fines associated with our China operations.
As a result of the announced agreement to acquire Dun & Bradstreet Credibility Corp., assuming the acquisition closes as expected during May of 2015, our updated financial guidance for the full year 2015 would be:
- As Adjusted revenue growth 6% to 9%, before the effect of foreign exchange;
- As Adjusted operating income of flat to 4%;
- As Adjusted diluted EPS of (3%) to 1%; and
- Free cash flow of $255 million to $285 million, which excludes the impact of legacy tax matters and any potential regulatory fines associated with our China operations.
For earnings history and earnings-related data on Dun & Bradstreet (DNB) click here.
