NYSE$DNB

Dun & Bradstreet Holdings Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Dun & Bradstreet reported solid financial results driven by balanced performance across North America and International business segments.

Dun & Bradstreet reported GAAP revenue of $556.3 million, a 2.7% increase compared to the third quarter of 2021. Organic revenue increased 3.9% on a constant currency basis. GAAP net income was $8.0 million, or $0.02 diluted earnings per share. Adjusted EBITDA was $223.0 million, with an adjusted EBITDA margin of 40.1%.

  • GAAP and Adjusted Revenue both reached $556.3 million, a 2.7% increase.
  • Organic revenue, excluding acquisitions and divestitures, was $562.9 million, up 3.9% on a constant currency basis.
  • GAAP net income was $8.0 million, or $0.02 diluted earnings per share.
  • Adjusted EBITDA was $223.0 million, with an adjusted EBITDA margin of 40.1%.

Headline financials

Total Revenue

$556M

Previous: $542M+2.7%
EPS (adj)

$0.29

Previous: $0.29+0.0%
Adjusted EBITDA Margin

40.1%

Previous: 40.7%-1.5%
Organic Revenue Growth

3.9%

Previous: 3.9%+0.0%
Capital Expenditures

$2.7M

Previous: $4.1M-34.1%
Free Cash Flow

$221M

Previous: $105M+110.9%
Net Income

$8M

Previous: $16.6M-51.8%
Operating Income

$45.5M

Previous: $49.5M-8.1%
Gross Profit

$381M

Previous: $49.5M+670.3%
Cash & Equivalents

$204M

Previous: $234M-13.0%
Total Assets

$9.43B

Previous: $9.75B-3.3%
Stock-Based Comp

$17.9M

Previous: $9M+98.9%

Revenue & EPS history

Dun & Bradstreet · Revenue · Quarterly

$556M

Q3 2022+2.7%vs Q3 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Dun & Bradstreet · $404M total across 2 segments · Q3 2022

  • Finance & Risk
    $224M+4.7%
  • Sales & Marketing
    $180M+12.1%

Forward guidance

Dun & Bradstreet provided the following forward guidance:

Tailwinds

  • Adjusted Revenues before the impact of foreign exchange are expected to be in the range of 5.5% to 6.5%.
  • Adjusted Revenues after the impact of foreign exchange are expected to be in the range of $2,215 million to $2,235 million, or 2.1% to 3.0%.
  • Adjusted EBITDA is expected to be in the narrowed range of $865 million to $885 million.
  • Adjusted EPS is expected to be in the range of $1.10 to $1.14.

Headwinds

  • This update reflects a 3.4% headwind to revenue after the effect of foreign currency due primarily to the continued strengthening of the U.S. dollar vs. the Euro, Swedish Krona and in particular the British Pound in the second half of this year.
  • The adjusted revenues and adjusted EBITDA take into account the continued strengthening of the U.S. dollar.

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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