Dun & Bradstreet: 2Q Earnings Snapshot
SHORT HILLS, N.J. (AP) _ Dun & Bradstreet Corp. (DNB) on Wednesday reported second-quarter earnings of $93 million.
On a per-share basis, the Short Hills, New Jersey-based company said it had profit of $2.50. Earnings, adjusted for one-time gains and costs, came to $1.40 per share.
The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.50 per share.
The business information provider posted revenue of $439.6 million in the period, exceeding Street forecasts. Six analysts surveyed by Zacks expected $402.8 million.
Dun & Bradstreet shares have increased almost 4 percent since the beginning of the year, while the Standard & Poor’s 500 index has risen almost 7 percent. The stock has increased roughly 10 percent in the last 12 months.