Dun & Bradstreet Hldgs Q1 Adj $0.20, Inline, Sales $564.50M Miss $565.55M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dun & Bradstreet Holdings (DNB) reported Q1 adjusted earnings of $0.20 per share, meeting analyst estimates, with a 5.26% increase from last year. However, their sales of $564.50M fell short of the $565.55M estimate, marking a 0.19% miss but a 4.46% increase from the previous year.
May 02, 2024 | 11:33 am
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Dun & Bradstreet Holdings reported Q1 earnings in line with expectations but missed revenue estimates slightly.
While DNB met earnings estimates, indicating operational efficiency and profitability, the slight miss in revenue forecasts could raise concerns about growth expectations. However, the miss is marginal and the year-over-year revenue growth suggests a positive trajectory. This mixed result is likely to have a neutral short-term impact on the stock as investors weigh the earnings success against the slight revenue shortfall.
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