NYSE$DNB

Dun & Bradstreet Holdings Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Dun & Bradstreet's Q4 2022 financial results were announced, revealing a mix of revenue performance and profitability.

Dun & Bradstreet reported Q4 2022 revenue of $595.0 million, a decrease of 0.6% compared to Q4 2021. Net income was $22.8 million, or $0.05 diluted earnings per share. Adjusted EBITDA was $250.4 million, with an adjusted EBITDA margin of 42.1%.

  • GAAP and Adjusted Revenue were $595.0 million.
  • Organic revenue, excluding acquisitions and divestitures, was $614.2 million, an increase of 2.2% on a constant currency basis.
  • GAAP net income was $22.8 million, or $0.05 diluted earnings per share.
  • Adjusted EBITDA was $250.4 million, an increase of 3.2% with adjusted EBITDA margin of 42.1%.

Headline financials

Total Revenue

$595M

Previous: $598M-0.6%
EPS (adj)

$0.32

Previous: $0.33-3.0%
Adjusted EBITDA Margin

42.1%

Previous: 40.6%+3.7%
Capital Expenditures

$2.4M

Previous: $1.5M+60.0%
Free Cash Flow

$94.9M

Previous: $101M-6.0%
Net Income

$22.8M

Previous: -$11.6M+296.6%
Operating Income

$58.3M

Previous: $60.9M-4.3%
Gross Profit

$407M

Previous: $422M-3.5%
Cash & Equivalents

$208M

Previous: $177M+17.7%
Total Assets

$9.47B

Previous: $10B-5.3%
Stock-Based Comp

$22.1M

Previous: $9.6M+130.2%

Revenue & EPS history

Dun & Bradstreet · Revenue · Quarterly

$595M

Q4 2022-0.6%vs Q4 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Dun & Bradstreet · $435M total across 2 segments · Q4 2022

  • Finance & Risk
    $231M+0.3%
  • Sales & Marketing
    $204M+2.8%

Forward guidance

Dun & Bradstreet provided the following business outlook:

Tailwinds

  • Revenues after the impact of foreign exchange are expected to be in the range of $2,260 million to $2,300 million, or ∼1.6% to 3.4%.
  • Organic revenue growth is expected to be in the range of 3.0% to 4.5%.
  • Adjusted EBITDA is expected to be in the range of $870 million to $920 million.
  • Adjusted EPS is expected to be in the range of $0.92 to $1.00.
  • Revenue assumes constant foreign currency rates.

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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