CORRECTION: Nielsen Holdings N.V. Earnings Cheat Sheet: Profit Falls
CORRECTION: GAAP EPS was compared to analyst estimates which are assumed to always be non-GAAP. Actual vs. Wall St. Expectations is now corrected. For more read Investors Be Afraid, Be Very Afraid of Corporate Accounting!
Nielsen Holdings N.V. (NYSE:NLSN) reported its results for the second quarter. Nielsen is a global provider of insights and analytics into what consumers buy and watch.
Nielsen Holdings Earnings Cheat Sheet for the Second Quarter
Results: Net income fell 6.7% to $69 million (19 cents per share) vs. $74 million (27 cents per share) the year earlier.
Revenue: Rose 10% to $1.4 billion from $1.27 billion in the year-earlier period.
Actual vs. Wall St. Expectations: Q2 non-GAAP EPS was $0.41, $0.03 better than analyst consensus estimate of $0.38.
Quoting Management: “Nielsen’s second quarter results reflect solid operating and financial performance across the company,” said David Calhoun, Chief Executive Officer of Nielsen. “We continue to see robust growth driven by our investments in developing markets, and are pleased with progress on key initiatives that benefit our clients and enrich our understanding of what consumers buy and watch on a global basis.”
Competitors to Watch: Arbitron Inc. (NYSE:ARB), COMSCORE, Inc. (NASDAQ:SCOR), WPP PLC (NASDAQ:WPPGY), Forrester Research, Inc. (NASDAQ:FORR), Weborama SA (ALWEB), Ipsos SA (NYSE:IPS), UBM Plc (NYSE:UBM) and Arteria SA (AMEX:ARR).
(Source: Xignite Financials)