NYSE$DNB

Dun & Bradstreet Holdings Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Dun & Bradstreet reported a strong start to the year with solid financial results and significant progress in the integration of Bisnode.

Dun & Bradstreet's first quarter 2021 results showed a 27.5% increase in GAAP revenue to $504.5 million and a net loss of $25.0 million, or $0.06 loss per share. Adjusted EBITDA increased by 37.4% to $185.6 million with a margin of 36.5%. The company is reiterating its full year 2021 outlook.

  • GAAP Revenue increased by 27.5% to $504.5 million.
  • Adjusted Revenue increased by 28.6% to $509.1 million.
  • Net loss was $25.0 million, or $0.06 loss per share; adjusted net income was $97.8 million, or adjusted diluted earnings per share of $0.23.
  • Adjusted EBITDA increased by 37.4% to $185.6 million, with an adjusted EBITDA margin of 36.5%.

Headline financials

Total Revenue

$505M

No prior period
EPS (adj)

$0.23

No prior period
Adjusted EBITDA Margin

36.5%

No prior period
Organic Revenue Growth

5.7%

No prior period
Capital Expenditures

$1.2M

No prior period
Free Cash Flow

$167M

No prior period
Net Income

-$25M

No prior period
Operating Income

$8.3M

No prior period
Gross Profit

$8.3M

No prior period
Cash & Equivalents

$173M

No prior period
Total Assets

$9.92B

No prior period
Stock-Based Comp

$7.6M

No prior period

Revenue & EPS history

Dun & Bradstreet · Revenue · Quarterly

$505M

Q1 2021
Beat estimate in 6 of 11 quarters(55%)
ActualEstimate

Revenue by segment

Dun & Bradstreet · $339M total across 2 segments · Q1 2021

  • Finance & Risk
    $191M—
  • Sales & Marketing
    $149M—

Forward guidance

Dun & Bradstreet is reiterating its previously provided full year 2021 outlook.

Tailwinds

  • Adjusted Revenues are expected to be in the range of $2,145 million to $2,175 million.
  • Adjusted EBITDA is expected to be in the range of $840 million to $855 million.
  • Adjusted EPS is expected to be in the range of $1.02 to $1.06.
  • Revenue assumes constant foreign currency rates.
  • The foregoing forward-looking statements reflect Dun & Bradstreet’s expectations as of today's date.

Headwinds

  • Dun & Bradstreet does not present a qualitative reconciliation of its forward-looking non-GAAP financial measures to the most directly comparable GAAP measure due to the inherent difficulty.
  • actual results may differ materially.
  • Dun & Bradstreet does not intend to update its forward-looking statements until its next quarterly results announcement, other than in publicly available statements.
  • It is not possible to predict or identify all risk factors.
  • We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 6 quarterly earnings reports

Historical avg

-1.5%

Avg return

Earnings day

+1.5%

Avg return

5 days after

+1.3%

Avg return

30 days after

42%

11 / 26 earnings

Positive

+9.9%

Q3 2024

Best reaction

-14.5%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025———
Q2 2025+0.1%+0.1%—
Q1 2025+0.2%-2.1%+0.3%
Q4 2025-10.4%-13.4%-16.8%
Q3 2024+9.9%+11.0%+17.3%
Q2 2024+8.6%+7.8%+10.2%
Q1 2024+5.3%+10.6%+4.0%
Q4 2023-2.7%-3.3%-7.2%
Q3 2023+6.2%——
Q2 2023+4.4%——
Q1 2023+8.3%——
Q4 2022-14.5%——
Q3 2022+4.4%——
Q2 2022-2.3%——
Q1 2022+3.3%——
Q4 2021-9.9%——
Q3 2021+2.1%——
Q2 2021-8.4%——
Q1 2021-5.3%——
Q4 2018-3.7%——
Q4 2020-5.7%——
Q3 2020-7.1%——
Q3 2019-7.1%——
Q4 2019-3.7%——
Q2 2020-3.7%——
Q1 2019-3.7%——
Q2 2019-3.7%——
Q3 2018———
Q2 2018———
Q1 2018———
Q4 2017———
Q3 2017———
Q2 2017———
Q1 2017———
Q4 2016———
Q3 2016———
Q2 2016———
Q1 2016———
Q4 2015———
Q3 2015———
Q2 2015———
Q1 2015———
Q4 2014———
Q3 2014———
Q2 2014———
Q1 2014———
Q4 2013———
Q3 2013———
Q2 2013———
Q1 2013———
Q4 2012———
Q3 2012———
Q2 2012———
Q1 2012———

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