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Nielsen (NLSN) Beats Q3 Earnings, Misses Revenues

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Nielsen Holdings N.V. is an information and measurement company which provides clients with media and marketing information about what consumers watch and buy on a global and local basis.

Nielsen’s strong execution of its core growth strategies of operational excellence, global market expansion, new product development, and strategic acquisitions continues to play an important role in driving its growth. Nielsen strong growth prospects in China along with expansion into other emerging countries will increase its overall market share. This in combination with strong portfolio of businesses will help the company post better results in the upcoming quarter.

Due to this, investors are eagerly awaiting Nielsen’s earnings report in order to set the record straight and to give some guidance on where this company is heading and are these factors effectively contributing.

Estimate Trend & Surprise History

Estimate revision activity has been limited however, so there appears to be some uncertainty. But Nielsen does have a decent history when it comes to recent earnings reports as it has beaten estimates in three of the trailing four quarters, with an average positive surprise of 1.49%.

Currently, NLSN has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank stocks here. The Zacks Rank could definitely change following the company’s earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: NLSN Beat on earnings. The Zacks Consensus Estimate called for EPS of 74 cents, while the company reported 72 cents per share.

Revenue: Nielsen Misses on revenues. It posted revenues of $1.57 billion, compared to our consensus estimate of $1.59 billion.

Key Stats: The company witnessed strong growth in its Watch segment. Also, Nielsen repurchased $90 million of its stock in the third quarter.

NIELSEN HOLDNGS Price and EPS Surprise

 

NIELSEN HOLDNGS Price and EPS Surprise | NIELSEN HOLDNGS Quote

Check back later for our full write up on this NLSN earnings report later.

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