Dun & Bradstreet Q1 Profit Tops Estimate

(RTTNews) - Dun & Bradstreet Corp. (DNB) reported net income for the first quarter of $85.3 million or $2.26 per share, compared to $52.9 million or $1.29 per share for the year-ago quarter.

Excluding non-core gains and charges, earnings per share for the first quarter were $1.55, up from $1.36 a year earlier.

Revenue for the first quarter grew to $381.9 million from $381.0 million a year ago.

Analysts polled by Thomson Reuters expected the company to earn $1.30 per share on revenue of $384.45 million for the first quarter.

The company reaffirmed its financial guidance for the full year 2014, which calls for core revenue growth of flat to up 3%, before the effect of foreign exchange, and EPS decline of 1% to 5%, before non-core gains and charges.