NYSE$DNB

Dun & Bradstreet Holdings Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Reported solid performance with mid-single digit organic revenue growth and Adjusted EBITDA margin expansion.

Dun & Bradstreet reported a 3.9% increase in revenue to $576.2 million for Q2 2024. Organic revenue increased by 4.3%. The adjusted EBITDA margin was 37.8%.

  • Revenue increased by 3.9% to $576.2 million.
  • Organic revenue increased by 4.3%.
  • Adjusted EBITDA was $217.9 million, a 5.7% increase.
  • Adjusted EBITDA margin was 37.8%.

Headline financials

Total Revenue

$576M

Previous: $555M+3.9%
EPS (adj)

$0.23

Previous: $0.22+4.5%
Adjusted EBITDA

$229M

No prior period
Adjusted EBITDA Margin

40.5%

Previous: 37.2%+8.9%
Capital Expenditures

-$53.8M

Previous: $1.3M-4238.5%
Net Income

-$16.4M

Previous: -$19.4M+15.5%
Operating Income

$37.1M

Previous: $16.5M+124.8%
Gross Profit

$215M

Previous: $350M-38.6%
Stock-Based Comp

$18.2M

Previous: $24.8M-26.6%

Revenue & EPS history

Dun & Bradstreet · Revenue · Quarterly

$576M

Q2 2024+3.9%vs Q2 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Dun & Bradstreet · $421M total across 2 segments · Q3 2023

  • Finance & Risk
    $235M+4.8%
  • Sales & Marketing
    $187M+3.9%

Forward guidance

Dun & Bradstreet updated its full year 2024 outlook, expecting revenues to be at the low end of the previously communicated range of $2,400 million to $2,440 million and organic revenue growth to be at the low end of the previously communicated range of 4.1% to 5.1%. Adjusted EBITDA is expected to continue to be in the range of $930 million to $950 million, and adjusted EPS is expected to continue to be in the range of $1.00 to $1.04.

Tailwinds

  • Adjusted EBITDA is expected to continue to be in the range of $930 million to $950 million.
  • Adjusted EPS is expected to continue to be in the range of $1.00 to $1.04.
  • Revenues are expected to be at the low end of our previously communicated range of $2,400 million to $2,440 million.
  • Organic revenue growth is expected to be at the low end of our previously communicated range of 4.1% to 5.1%.
  • Team is executing and focused on implementing long-term strategic initiatives.

Headwinds

  • Expectations around the remaining 10 percent of revenues.
  • Timing of macro environment improvement on Digital Marketing solutions.
  • Revenue assumes constant foreign currency rates.
  • Actual results may differ materially.
  • Company does not intend to update its forward-looking statements until its next quarterly results announcement.

Historical earnings impact

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

Avg. return before/after earnings

Based on 6 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

-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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