LONDON: Global information, data, and measurement company Nielsen NV on Thursday reported second-quarter net income of $131 million.
The Oxford, England-based company said it had net income of 37 cents per share. That beat the average analyst estimate of 36 cents per share, according to FactSet.
The media and marketing information provider posted revenue of $1.64 billion in the period, which fell short of Street forecasts. Analysts surveyed by FactSet expected $1.65billion.
Nielsen expects full-year earnings to be $1.40 to $1.46 per share.
Nielsen shares have declined almost 5 per cent since the beginning of the year, while the Standard & Poor’s 500 index has increased 11pc. The stock has fallen 26pc in the last 12 months.
Published in Dawn, July 28th, 2017
Dear visitor, the comments section is undergoing an overhaul and will return soon.