Dun & Bradstreet Q4 Profit Decreases - Quick Facts

(RTTNews) - Dun & Bradstreet Corp. (DNB) reported that its fourth-quarter net income attributable to shareholders decreased to $75.3 million or $1.96 per share, from $96.0 million or $2.20 per share, last year. Before non-core gains and charges, net income to shareholders was $105.5 million or $2.75 per share, for the quarter.

On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $2.82 for the quarter. Analysts' estimates typically exclude special items.

Total revenue increased to $476.7 million, from $463.1 million, a year ago. Analysts expected revenue of $468.67 million, for the quarter.

The company announced a simplified organizational structure that includes six direct reports to Carrigan, each of whom has global responsibilities. As part of this, Josh Peirez has been promoted to Chief Operating Officer and will lead the new Global Operating Team, which includes Content, Product, Technology, Alliances, Strategy, and Mergers & Acquisitions, as well as the Worldwide Partner network. Mark Geneste has been promoted to Chief Sales Officer, following the elimination of the separate roles of President, North America and President, International, effective February 4, 2014. Geneste will lead the company's new Global Sales and Service team. Rich Veldran will continue in his position as Chief Financial Officer.

D&B also declared an increased quarterly cash dividend of $0.44 per share, up from its prior quarterly dividend of $0.40 per share. The dividend is payable on March 12, 2014, to shareholders of record at the close of business on February 25, 2014.