Nielsen Earnings: Increase in Profit Year-Over-Year

Nielsen Holdings N.V. (NYSE:NLSN) reported its results for the third quarter.

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Nielsen Holdings N.V. Earnings Cheat Sheet

Results: Net income for Nielsen Holdings N.V. rose to $105 million (29 cents per share) vs. $102 million (28 cents per share) in the same quarter a year earlier. This marks a rise of 2.9% from the year-earlier quarter.

Revenue: Rose 0.7% to $1.42 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Nielsen Holdings N.V. fell short of the mean analyst estimate of 50 cents per share. Analysts were expecting revenue of $1.44 billion.

Quoting Management: “Nielsen had solid performance in the third quarter, with healthy growth in recurring revenue and margin expansion,” said David Calhoun, Chief Executive Officer of Nielsen. “Our resilience given today’s economic environment demonstrates the value we deliver to clients, and we will continue to invest to support their global business priorities.”

Key Stats:

After beating analyst estimates for the two previous quarters, the company fell short of forecasts. In the second quarter, it topped the mark by 3 cents, and in the first quarter, it was ahead by 2 cents.

Revenue rose last quarter after seeing a drop the quarter before. Revenue fell 0.8% to $1.39 billion in the second quarter from the year earlier.

Looking Forward: Over the last 30 days, analysts have not been optimistic about the company’s next-quarter performance. The average estimate for the fourth quarter is now 49 cents per share, down from 50 cents. Over the past three months, the average estimate for the fiscal year has climbed from $1.69 per to share to $1.73.

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(Company fundamentals provided by Xignite Financials. Earnings estimates provided by Zacks)

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