Dun & Bradstreet Corp. updated its full-year 2017 guidance.
The company now expects adjusted operating income growth of 0% to 2% above 2016, compared with the previous guidance of about flat, in the range of a decline of 2% to an increase of 2%, versus the prior year.
Dun & Bradstreet now anticipates adjusted EPS to decline 4% to 7% year over year in 2017. Previously, the company expected EPS to decline 4% to 9% year over year.
The company reported second-quarter adjusted net income attributable to the company of $51.9 million, compared with $50.0 million in the year-ago period. Adjusted earnings per common share attributable to common shareholders for the quarter was $1.40, compared with $1.37 in the prior-year period.
The S&P Capital IQ consensus normalized EPS estimate for the quarter was $1.16 cents.
Net income attributable to the company totaled $45.1 million in the second quarter, compared with $18.8 million in the prior-year quarter. Earnings per common share attributable to common shareholders was $1.22 in the second quarter, compared with 51 cents in the year-ago period.