03:17 PM EDT, 10/16/2024 (MT Newswires) -- Dun & Bradstreet Holdings ( DNB ) is expected to report Q3 revenue slightly below consensus due to tougher year-over-year comparisons, RBC Capital Markets said in a note emailed Wednesday.

The firm forecasts $604 million in revenue, compared to the $608 million consensus estimate, with weakness attributed to the impact of last year's data pulls, "more flattish" Q3 credibility revenues and digital marketing softness.

The company anticipates a pickup in revenue growth in Q4, supported by relatively easier comparisons, RBC said.

Management noted that if credibility and digital marketing contributed positively in H2, the company could deliver on the upper end of the fiscal 2024 guidance.

RBC had a sector perform rating on Dun & Bradstreet ( DNB ) with a $12 price target.

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