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Dun & Bradstreet Reports In-line EPS, Raises Dividend (DNB)
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Posted on 02/04/10 at 6:59pm by Swing Trader
Dun & Bradstreet (NYSE: DNB), a leading provider of global business information and risk management solutions, reported Thursday fourth-quarter earnings of $1.75 per share, in-line with the First Call consensus.
Revenues fell 2.3% year-over-year to $463.7 million, but beat the consensus estimate of $459 million. The company announced that it has raised its quarterly cash dividend to $0.35 per share, up from $0.34 per share.
D&B said its sees core revenue growth of 1-3% in 2010 before the effect of foreign exchange. The firm sees diluted EPS growth of 1-6% in 2010 before non-core gains and charges.
D&B finished the regular trading session down $1.21, or 1.53%, to $77.74. Shares shed $0.74, or 0.95%, to $77.00 in after-hours trading.
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