Nielsen Holdings Q1 Earnings Surge, Beat Estimates

(RTTNews) - Nielsen Holdings N.V. (NLSN) Thursday reported higher earnings for the first quarter of 2014 compared to the prior year. Net income attributable to Nielsen stockholders amounted to $58 million or $0.15 per share compared with $35 million or $0.09 per share in the same period last year. On an adjusted basis the net earnings were $165 million or $0.43 per share. On average, 17 analysts polled by Thomson Reuters expected earnings per share of $0.42 for the quarter. Analysts' estimates typically exclude one-time items.

First-quarter revenues advanced 12.9 percent to $1.489 billion, or 15.1 percent on a constant currency basis from $1.319 billion, last year. Analysts estimated revenues of $1.48 billion for the quarter.