The global information and data company reported third-quarter earnings of 74 cents per share on revenue of $1.57 billion. Analysts expected earnings of 76 cents a share on revenue of $1.59 billion, according to Thomson Reuters. Nielsen adjusted its 2016 guidance for adjusted net income per share in the range of between $2.73 a share and $2.79 a share, down from a previous range of between $2.83 a share and $2.93 a share.
Key Takeaways:
- Shares of Nielsen Holdings plummeted more than 16 percent Tuesday after its quarterly earnings missed expectations
- The global information and data company reported third-quarter earnings of 74 cents per share on revenue of $1.57 billion
- Revenues within the company’s Buy segment, an indicator of global retail performance, decreased 0.9 percent to $809 million
“The global information and data company reported third-quarter earnings of 74 cents per share on revenue of $1.57 billion. Analysts expected earnings of 76 cents a share on revenue of $1.59 billion, according to Thomson Reuters.”
http://www.cnbc.com/2016/10/25/nielsen-holdings-shares-plummet-after-earnings-disappoint.html
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