Dun & Bradstreet Corp. (DNB) Tops Q3 EPS by 7c, Reaffirms Guidance, Adds $500M to Buyback Plan
Dun & Bradstreet Corp. (NYSE: DNB) reported Q3 EPS of $1.42, $0.07 better than the analyst estimate of $1.35. Revenue for the quarter came in at $439.4 million versus the consensus estimate of $428.5 million.
The Company announced today that its Board of Directors has authorized a new $500 million share repurchase program. The new authorization is in addition to the remaining $25 million (as of September 30, 2011) under the previous $200 million authorization, which the Company plans to complete by the end of 2011.
The Company announced today that its Board of Directors has authorized a new $500 million share repurchase program. The new authorization is in addition to the remaining $25 million (as of September 30, 2011) under the previous $200 million authorization, which the Company plans to complete by the end of 2011.