Nielsen Holdings N.V. NLSN 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 last four quarters with an average surprise of 3.39%.
Currently, NLSN has a Zacks Rank #3 (Hold), but that 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. It posted earnings of 67 cents, compared to our consensus estimate of 66 cents.
Revenue:Nielsen missed on revenues. It posted revenues of $1.53 billion, compared to our consensus estimate of $1.54 billion.
Key Stats: The Company witnessed strong growth its Watch segment. Also, Nielsen repurchased $173 million of its stock in the second quarter.
Check back later for our full write up on this NLSN earnings report later!
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