S&P 500
7,455.60
-0.09%
Dow Jones
51,888.40
-0.59%
Nasdaq 100
28,693.60
+0.28%
Russell 2000
2,950.47
-0.25%
FTSE 100
10,467.80
-1.10%
Nikkei 225
65,185.60
+0.25%

Services

Lowered Forecast Hammers D&B (DNB, EFX, FICO, MCO, MHP)

Photo of Paul Ausick
By Paul Ausick Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Invalid Image
Dun & Bradstreet Corp. (NYSE: DNB), one of the venerable names in business and credit data, is taking some lumps this morning following lowered fiscal year forecast and the closure of one of the company’s Chinese units that is currently being investigated by the Chinese government.

Along with Equifax Inc. (NYSE: EFX), Fair Isaac Corp. (NYSE: FICO), Moody’s Corp. (NYSE: MCO), and the Standard & Poor’s division of The McGraw-Hill Companies Inc. (NYSE: MHP), D&B provides the information many lenders use to make credit decisions. Unlike the other companies, D&B has not been able to hit an EPS estimate for several quarters in a row now. Revenue estimates have fared just as badly.

Perhaps as an effort to reset expectations, D&B revised its revenue growth estimate from a range of 3% to 5% to a new range of 0-3% when it reported quarterly results last night. The downward change likely recognizes the increasing competition from competitors like Equifax and Moody’s.

D&B’s shares are down -13.8% at $65.26 in a 52-week range of $58.50-$86.52.

Paul Ausick

Contact [email protected] for any questions or corrections.

DISCLOSURE:
INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA(www.finra.org)/SIPC(www.sipc.org). Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser. Information about SoFi Wealth’s advisory operations, services, and fees is set forth in SoFi Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov. Probability of Member receiving $1,000 is a probability of 0.026%; If you don’t make a selection in 30 days, you’ll no longer qualify for the promo. Customer must fund their account with a minimum of $50.00 to qualify. Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees. Investing in alternative investments and/or strategies may not be suitable for all investors and involves unique risks, including the risk of loss. An investor should consider their individual circumstances and any investment information, such as a prospectus, prior to investing. Interval Funds are illiquid instruments, the ability to trade on your timeline may be restricted. Brokerage and Active investing products offered through SoFi Securities LLC, Member FINRA(www.finra.org) /SIPC(www.sipc.org). There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event. Options involve risks, including substantial risk of loss and the possibility an investor may lose the entire investment Before trading options please review the Characteristics and Risks of Standardized Options  Investing in an Initial Public Offering (IPO) involves substantial risk, including the risk of loss. Further, there are a variety of risk factors to consider when investing in an IPO, including but not limited to, unproven management, significant debt, and lack of operating history. For a comprehensive discussion of these risks please refer to SoFi Securities’ IPO Risk Disclosure Statement This should not be considered a recommendation to participate in IPOs and investors should carefully read the offering prospectus to determine whether an offering is consistent with their investment objectives, risk tolerance, and financial situation. New offerings generally have high demand and there are a limited number of shares available for distribution to participants. Many customers may not be allocated shares and share allocations may be significantly smaller than the shares requested in the customer’s initial offer (Indication of Interest). For more information on the allocation process please visit IPO Allocation.
Follow 24/7 Wall St. on Google
Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Paul Ausick |

Moody’s Solid Results Not Likely to Move Shares

thinkstockRatings agency Moody’s Corp. (NYSE: MCO) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the fourth…

Paul Ausick |

Moody’s Profit Tanks (MCO)

Rating agency Moody’s Corp. (NYSE: MCO) this morning reported fourth-quarter EPS of $0.43, down from $0.58 a year ago and…

Paul Ausick |

And Then There Were Three: ADP Loses Triple-A Rating

ThinkstockWhen Automatic Data Processing Inc. (NYSE: ADP) announced on Thursday that it would spin off its dealer services business, it…

Do Duke Energy Earnings Signal a Downturn for Utilities?
Chris Lange |

Do Duke Energy Earnings Signal a Downturn for Utilities?

Duke Energy, which is generally considered a bellwether for utilities, reported its most recent quarterly results before the markets opened…

Paul Ausick |

Fewer High Rollers Costs MGM Resorts

ThinkstockShares of MGM Resorts International (NYSE: MGM) dropped this morning after the company reported a larger-than-expected loss in the third…

Trey Thoelcke |

U.S. Markets to Open Lower as Investors Await Earnings

U.S. stock futures are down slightly, indicating that the Standard & Poor’s 500 Index is likely to remain near a…

How Equifax Breach Could Cost US Consumers $4.1 Billion
Paul Ausick |

How Equifax Breach Could Cost US Consumers $4.1 Billion

The three big credit reporting agencies could get a windfall of $4.1 billion in revenues as U.S. consumers freeze their…

Paul Ausick |

JinkoSolar Earnings Scorch Estimates, Outlook Even Brighter

ThinkstockJinkoSolar Holding Co. Ltd. (NYSE: JKS) reported third-quarter 2013 results before markets opened Monday morning. The Chinese solar panel maker…

Paul Ausick |

McDonald’s Credit Takes Another Downgrade

Credit rating agency Moody's Investor Services Friday downgraded the senior unsecured debt ratings on McDonald's.

Top Gaining Stocks

Global Payments
GPN • Vol: 2,901,324
Teradyne
TER • Vol: 1,570,113
AMD
AMD • Vol: 17,923,559
Intel
INTC • Vol: 62,052,813
Elevance Health
ELV • Vol: 973,952

Top Losing Stocks

Coterra Energy
CTRA • Vol: 73,319,495
Chipotle Mexican Grill
CMG • Vol: 13,387,999
Enphase Energy
ENPH • Vol: 2,488,189
KKR
KKR • Vol: 1,545,105
United Parcel Service
UPS • Vol: 3,862,569