Nielsen (NLSN) Releases Quarterly Earnings Results, Misses Expectations By $0.04 EPS

Nielsen (NYSE:NLSN) issued its quarterly earnings results on Thursday. The business services provider reported $0.71 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.75 by ($0.04), Morningstar.com reports. Nielsen had a return on equity of 14.79% and a net margin of 7.84%. The company had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.76 billion. During the same quarter in the previous year, the business earned $0.44 EPS. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. Nielsen updated its FY17 guidance to $1.40-1.46 EPS.

Nielsen (NYSE NLSN) traded up $0.17 on Friday, reaching $34.07. 3,473,396 shares of the company traded hands, compared to its average volume of 4,151,505. The company has a market cap of $12,090.00, a P/E ratio of 28.79, a PEG ratio of 1.84 and a beta of 0.90. Nielsen has a 52 week low of $33.90 and a 52 week high of $45.73. The company has a debt-to-equity ratio of 1.88, a quick ratio of 1.41 and a current ratio of 1.41.

In other Nielsen news, CFO Jamere Jackson sold 16,000 shares of the firm’s stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $36.30, for a total value of $580,800.00. Following the completion of the transaction, the chief financial officer now directly owns 93,138 shares of the company’s stock, valued at approximately $3,380,909.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Jeffrey Charlton sold 3,080 shares of the firm’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $36.01, for a total transaction of $110,910.80. Following the completion of the transaction, the senior vice president now directly owns 10,100 shares of the company’s stock, valued at $363,701. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by company insiders.

A number of large investors have recently made changes to their positions in the business. Vontobel Asset Management Inc. boosted its holdings in Nielsen by 51.2% in the 4th quarter. Vontobel Asset Management Inc. now owns 6,898,520 shares of the business services provider’s stock valued at $257,335,000 after purchasing an additional 2,334,866 shares during the period. Bank of New York Mellon Corp boosted its holdings in Nielsen by 0.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 6,505,579 shares of the business services provider’s stock valued at $269,656,000 after purchasing an additional 18,276 shares during the period. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in Nielsen by 3.5% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 5,910,598 shares of the business services provider’s stock valued at $244,994,000 after purchasing an additional 200,403 shares during the period. Parnassus Investments CA boosted its holdings in Nielsen by 107.5% in the 4th quarter. Parnassus Investments CA now owns 5,187,500 shares of the business services provider’s stock valued at $188,825,000 after purchasing an additional 2,687,500 shares during the period. Finally, Boston Partners boosted its holdings in Nielsen by 3.6% in the 3rd quarter. Boston Partners now owns 4,062,685 shares of the business services provider’s stock valued at $168,398,000 after purchasing an additional 141,937 shares during the period. 96.27% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have recently issued reports on the stock. Cantor Fitzgerald restated a “hold” rating and set a $45.00 price target on shares of Nielsen in a research note on Monday, October 23rd. BidaskClub lowered shares of Nielsen from a “buy” rating to a “hold” rating in a research note on Thursday, October 12th. Zacks Investment Research lowered shares of Nielsen from a “hold” rating to a “sell” rating in a research note on Friday, October 27th. Needham & Company LLC restated a “buy” rating on shares of Nielsen in a research note on Friday, October 27th. Finally, Credit Suisse Group decreased their price target on shares of Nielsen from $47.00 to $46.00 and set an “outperform” rating for the company in a research note on Thursday, October 26th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $42.76.

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Nielsen Company Profile

Nielsen N.V. (Nielsen), formerly Nielsen Holdings N.V., is an information and measurement company. The Company is engaged in providing clients with an understanding of consumers and consumer behavior. The Company delivers media and marketing information, and analytics on a global and local basis. Nielsen operates through two business segments: Buy and Watch.

Earnings History for Nielsen (NYSE:NLSN)

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