NYSE$DNB

Dun & Bradstreet Holdings Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Dun & Bradstreet reported an increase in revenue and adjusted EBITDA for the fourth quarter of 2023.

Dun & Bradstreet's Q4 2023 saw a 6.0% increase in revenue to $630.4 million and a 4.0% increase in adjusted EBITDA to $260.6 million. The company's organic revenue growth was 5.1%. GAAP net income was $1.7 million, or less than $0.01 per diluted share, while adjusted net income was $139.8 million, or $0.32 per diluted share.

  • Revenue for Q4 2023 increased by 6.0% to $630.4 million.
  • Organic revenue growth for Q4 2023 was 5.1%.
  • Adjusted EBITDA for Q4 2023 increased by 4.0% to $260.6 million, with a margin of 41.3%.
  • GAAP net income for Q4 2023 was $1.7 million, or less than $0.01 per diluted share.

Headline financials

Total Revenue

$630M

Previous: $595M+5.9%
EPS (adj)

$0.32

Previous: $0.32+0.0%
Adjusted EBITDA Margin

41.3%

Previous: 42.1%-1.9%
Organic Revenue Growth

5.1%

No prior period
Capital Expenditures

-$69.5M

Previous: $2.4M-2995.8%
Net Income

$1.7M

Previous: $22.8M-92.5%
Operating Income

$63.8M

Previous: $58.3M+9.4%
Gross Profit

$257M

Previous: $407M-36.8%

Revenue & EPS history

Dun & Bradstreet · Revenue · Quarterly

$630M

Q4 2023+5.9%vs Q4 2022
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 to be in the range of $2,400 million to $2,440 million, organic revenue growth to be in the range of 4.1% to 5.1%, adjusted EBITDA to be in the range of $930 million to $950 million, and adjusted EPS to be in the range of $1.00 to $1.04.

Tailwinds

  • Revenues are expected to be in the range of $2,400 million to $2,440 million, or ∼3.7% to 5.4%.
  • Organic revenue growth is expected to be in the range of 4.1% to 5.1%.
  • Adjusted EBITDA is expected to be in the range of $930 million to $950 million.
  • Adjusted EPS is expected to be in the range of $1.00 to $1.04.
  • Assumes constant foreign currency rates

Headwinds

  • The foregoing forward-looking statements reflect Dun & Bradstreet’s expectations as of today's date.
  • 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
  • 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.
  • Actual results may differ materially.

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 Q4 2023

Historical avgQ4 2023

-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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