Nielsen (NYSE:NLSN) Posts Earnings Results, Beats Expectations By $0.12 EPS

Nielsen (NYSE:NLSN) released its quarterly earnings data on Wednesday. The business services provider reported $0.50 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.12, Morningstar.com reports. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.63 billion. Nielsen had a negative net margin of 10.70% and a positive return on equity of 18.37%. The business’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.20 earnings per share. Nielsen updated its FY 2019 guidance to $1.70-1.80 EPS and its FY19 guidance to $1.70-1.80 EPS.

NLSN stock traded down $0.25 during midday trading on Friday, hitting $22.73. 3,099,147 shares of the stock traded hands, compared to its average volume of 2,824,670. The firm has a market capitalization of $8.23 billion, a price-to-earnings ratio of 13.14, a P/E/G ratio of 1.22 and a beta of 0.91. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.07 and a current ratio of 1.07. The company’s fifty day moving average is $23.09. Nielsen has a 1-year low of $21.51 and a 1-year high of $28.50.

A number of hedge funds have recently added to or reduced their stakes in the stock. Parallel Advisors LLC grew its position in Nielsen by 75.2% during the first quarter. Parallel Advisors LLC now owns 1,051 shares of the business services provider’s stock valued at $25,000 after buying an additional 451 shares during the period. ETF Managers Group LLC grew its position in Nielsen by 14.2% during the first quarter. ETF Managers Group LLC now owns 4,681 shares of the business services provider’s stock valued at $111,000 after buying an additional 581 shares during the period. Mason Street Advisors LLC grew its position in Nielsen by 1.3% during the first quarter. Mason Street Advisors LLC now owns 50,709 shares of the business services provider’s stock valued at $1,200,000 after buying an additional 662 shares during the period. Triad Investment Management grew its position in Nielsen by 0.6% during the first quarter. Triad Investment Management now owns 107,823 shares of the business services provider’s stock valued at $2,552,000 after buying an additional 692 shares during the period. Finally, Bank of The West grew its position in Nielsen by 4.9% during the second quarter. Bank of The West now owns 15,054 shares of the business services provider’s stock valued at $340,000 after buying an additional 706 shares during the period. Institutional investors own 95.50% of the company’s stock.

A number of analysts have recently weighed in on NLSN shares. Zacks Investment Research lowered shares of Nielsen from a “buy” rating to a “hold” rating in a research note on Wednesday, May 22nd. ValuEngine lowered shares of Nielsen from a “hold” rating to a “sell” rating in a research report on Tuesday, May 28th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $27.36.

About Nielsen

Nielsen Holdings plc, together with its subsidiaries, operates as a measurement and data analytics company. It operates in two segments, Buy and Watch. The Buy segment provides retail transactional measurement data, consumer behavior information, and analytics primarily to businesses in the consumer packaged goods industry.

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Earnings History for Nielsen (NYSE:NLSN)

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