24.04.2014 14:52:18
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Nielsen Holdings Q1 Earnings Rise, Top Estimates - Quick Facts
(RTTNews) - Nielsen Holdings N.V. (NLSN) Thursday reported a rise in earnings as well as revenues for the first quarter. Earnings beat analysts' estimates by a penny.
Nielsen is an information and measurement company that provides media and marketing information about what consumers watch and listen on a global and local basis.
For the first quarter, net earnings increased to $58 million or $0.15 per share, from $35 million or $0.09 per share a year earlier.
Adjusted earnings amounted to $165 million or $0.43 per share, compared with $116 million or $0.31 per share in the corresponding period last year.
On average, 17 analysts polled by Thomson-Reuters estimated the company's earnings to be $0.42 for the quarter. Analysts' estimates typically exclude one-time items.
First-quarter adjusted EBITDA stood at $376 million, a rise from $315 million a year earlier.
Revenues for the 3-month period grew to $1.489 billion from $1.319 billion in the same period last year. Analysts had expected revenues of $1.48 billion.
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