NYSE$DNB

Dun & Bradstreet Holdings Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Dun & Bradstreet's financial performance in Q3 2024 showed revenue growth and solid strategic progress.

Dun & Bradstreet reported a solid third quarter with revenue increasing by 3.5% to $609.1 million and organic revenue growth of 3.4%. The adjusted EBITDA increased by 5.1% to $247.4 million with a margin of 40.6%.

  • Revenue increased by 3.5% to $609.1 million, with a 3.2% increase on a constant currency basis.
  • Organic revenue grew by 3.4% on a constant currency basis.
  • Adjusted EBITDA increased by 5.1% to $247.4 million, with an adjusted EBITDA margin of 40.6%.
  • GAAP net income was $3.2 million, or $0.01 diluted earnings per share.

Headline financials

Total Revenue

$609M

Previous: $589M+3.5%
EPS (adj)

$0.27

Previous: $0.27+0.0%
Adjusted EBITDA Margin

40.6%

Previous: 40.0%+1.5%
Organic Revenue Growth

3.4%

Previous: 4.8%-29.2%
Capital Expenditures

-$46M

Previous: -$35.4M-29.9%
Net Income

$3.2M

Previous: $4.4M-27.3%
Operating Income

$62.2M

Previous: $52.1M+19.4%
Gross Profit

$245M

Previous: $382M-35.9%
Stock-Based Comp

$16.3M

Previous: $20.8M-21.6%

Revenue & EPS history

Dun & Bradstreet · Revenue · Quarterly

$609M

Q3 2024+3.5%vs Q3 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 expects revenues at the low end of the previously communicated range of $2,400 million to $2,440 million, organic revenue growth at the low end of the range of 4.1% to 5.1%, adjusted EBITDA in the range of $930 million to $950 million, and adjusted EPS in the range of $1.00 to $1.04.

Tailwinds

  • Revenues are expected to be at the low end of the previously communicated range of $2,400 million to $2,440 million.
  • Organic revenue growth is expected 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.
  • Adjusted EPS is expected to continue to be in the range of $1.00 to $1.04.
  • The forward-looking statements reflect Dun & Bradstreet’s expectations as of today's date and Revenue assumes constant foreign currency rates.

Headwinds

  • Revenue after the impact of foreign exchange are expected to be at the low end of the previously communicated range.
  • Organic revenue growth is also expected to be at the low end of our previously communicated range.
  • Actual results may differ materially due to risk factors, uncertainties and assumptions.
  • Dun & Bradstreet does not intend to update its forward-looking statements until its next quarterly results announcement.
  • The company 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.

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 Q3 2024

Historical avgQ3 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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