UPDATE: Nielsen Q3 Profit Up 2.9%
Nielsen Holdings NV (NYSE: NLSN) reported a 2.9% rise in its third-quarter earnings.
Nielsen's quarterly profit climbed to $105 million, or $0.29 per share, from $102 million, or $0.28 per share, in the year-ago period. Excluding other items, Nielsen's adjusted earnings increased to $0.53 from $0.48 per share.
Its revenue rose 0.7% to $1.42 billion. However, analysts were expecting earnings of $0.50 per share on revenue of $1.44 billion.
Nielsen's operating margin rose to 19.7% from 18.8%.
Nielsen shares closed at $31.45 on Friday.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.