Nielsen Hldg (NLSN) Posts Quarterly Earnings, Beats Expectations By $0.01 EPS
Nielsen Hldg (NASDAQ:NLSN) issued its quarterly earnings data on Thursday. The company reported $0.43 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.42 by $0.01, AmericanBankingNews.com reports. The company had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter in the prior year, the company posted $0.38 earnings per share. The company’s quarterly revenue was up 12.9% on a year-over-year basis.
A number of research firms have recently commented on NLSN. Analysts at FBR Capital Markets raised their price target on shares of Nielsen Hldg from $47.00 to $51.00 in a research note on Monday, March 10th. They now have an “outperform” rating on the stock. On a related note, analysts at Robert W. Baird initiated coverage on shares of Nielsen Hldg in a research note on Thursday, February 20th. They set a “neutral” rating and a $50.00 price target on the stock. Finally, analysts at Wells Fargo & Co. initiated coverage on shares of Nielsen Hldg in a research note on Wednesday, February 12th. They set an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $42.26.
Nielsen Hldg (NASDAQ:NLSN) traded up 1.62% on Thursday, hitting $45.87. The stock had a trading volume of 978,763 shares. Nielsen Hldg has a 52 week low of $32.40 and a 52 week high of $47.45. The stock has a 50-day moving average of $44.51 and a 200-day moving average of $43.08. The company has a market cap of $17.379 billion and a P/E ratio of 23.26.
Nielsen Holdings NV is a Netherlands-based company engaged in information and measurement services. The Company, together with its subsidiaries, delivers media and marketing information, and analytics on a global and local basis.
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