Nielsen Holdings (NLSN) Reports In-Line Q3 EPS

Nielsen Holdings (NYSE: NLSN) reported Q3 EPS of $0.69, in-line with the analyst estimate of $0.69. Revenue for the quarter came in at $1.53 billion versus the consensus estimate of $1.54 billion.

Revenues within the Buy segment decreased 7.1%, or increased 4.1% on a constant currency basis, to $816 million. Revenues in the developed markets grew 3.1% on a constant currency basis, fueled by continued investments and client wins. Buy emerging markets revenue grew 6.3% on a constant currency basis, despite the macroeconomic headwinds. This was a reflection of strong growth in the larger markets paired with softness in some of the secondary countries within the global footprint.

Revenues within the Watch segment increased 3.0%, or 6.1% on a constant currency basis, to $715 million. The growth was driven by 7.0% constant currency growth in Audience Measurement, which is reflective of both marked progress with the company’s Total Audience Measurement strategy, continued investments, and a seasonally strong quarter in the Audio business. Marketing Effectiveness grew 7.9% during the quarter, on a constant currency basis.

For earnings history and earnings-related data on Nielsen Holdings (NLSN) click here.

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