Dun & Bradstreet Q4 Profit Misses Estimate; Boosts Dividend

(RTTNews) - Dun & Bradstreet Corp. (DNB) reported net income for the fourth quarter of $91.7 million or $2.53 per share, compared to $75.3 million or $1.96 per share for the year-ago quarter.

Excluding non-core gains and charges, adjusted earnings per share for the fourth quarter were $2.61, down from $2.75 in the fourth quarter of 2013.

Total revenue for the fourth quarter rose 3% to $489.8 million from $476.7 million a year ago.

Analysts polled by Thomson Reuters expected the company to earn $2.63 per share on revenue of $485.11 million for the fourth quarter. Analysts' estimates typically exclude special items.

Dun & Bradstreet also declared an increased quarterly cash dividend of $0.4625 per share, up from its prior quarterly dividend of $0.44 per share. The increased quarterly cash dividend is payable on March 11, to shareholders of record on February 24.