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Dun & Bradstreet tops 4Q profit forecasts

SHORT HILLS, N.J. (AP) _ Dun & Bradstreet Corp. (DNB) on Monday reported fourth-quarter earnings of $26.2 million.

On a per-share basis, the Short Hills, New Jersey-based company said it had profit of 70 cents. Earnings, adjusted for pretax expenses and restructuring costs, were $3.22 per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.03 per share.

The business information provider posted revenue of $527 million in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $537 million.

For the year, the company reported profit of $140.9 million, or $3.79 per share. Revenue was reported as $1.74 billion.

Dun & Bradstreet shares have dropped almost 6 percent since the beginning of the year, while the Standard & Poor's 500 index has decreased nearly 1 percent. In the final minutes of trading on Monday, shares hit $111.69, a climb of 11 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DNB at https://www.zacks.com/ap/DNB