Nielsen Hldg NV (NYSE:NLSN) third-quarter profit increased 28% due to stronger revenue as reported by two key segments of the consumer-research firm that include television ratings and services business. The firm which provides data regarding the number of viewers on TV or the number of customers that are purchasing items from the stores has report better earnings this quarter, due to better growth from emerging markets that increase the demand for its data.
The provider of analysis firm has declared increase in profit by 35 cents on each share, or $134 million for the quarter finished on 30 September, in contrast to 29 cents on each share, or $105 million, for the same period year earlier.
Excluding other items and stock-based compensation the firm EPS increase 50 cents from 44 cents, while its revenue increases 2.7% to $1.39 billion. Analysts at Thomson Reuters predicted EPS as 48 cents, with revenue estimate of $1.39 billion. And Capital IQ Consensus Estimate the EPS as$0.48, with revenue estimate of $1.39 billion.
The unit of the company that provides research on market for consumer companies declared 2.2% increase in sales to $871 million. While its Watch business for media advertisers and producers report increase in sale by 3.4% to $516 million. Nielsen Hldg NV (NYSE:NLSN) shares down -2.91% to $37.69 in current trading session.
The company Buy business revenues boost 2.2% to $871 million, and its Insights Services increase 8.4%.
Its Watch business revenues boosted 3.4% to $516 million, mainly increased by 5.0% constant currency growth in main Television measurement. This was moderate counterbalance by the current exit of certain global online legacy items.
The research data provider adjusted EBITDA in the quarter boosted 5.6% or 4.2% to $398 million, in contrast to Q3, 2012. Its income from ongoing operations on each share was $0.35, in contrast to$0.23 in the Q3, 2012.