Nielsen Clocks 3% Revenue Growth In Q4 Backed By Measurement Revenue Growth; Plans $1B Buyback

  • Nielsen Holdings PLC NLSN reported fourth-quarter FY21 revenue growth of 2.9% year-on-year on a constant currency basis to $894 million, missing the consensus of $898 million.
  • Measurement revenues of $647 million increased 4.0% Y/Y. Impact / Content revenues of $247 million were flat Y/Y.
  • Adjusted EPS of $0.46 beat the consensus of $0.35.
  • Adjusted EBITDA margin of 39.3% decreased 435 bps Y/Y, reflecting the return of the temporary costs savings realized in 2020.
  • Nielsen held $380 million in cash and equivalents.
  • Share Buyback: Nielsen authorized up to $1 billion share buyback.
  • The board had declared a quarterly dividend of $0.06 per share, payable on March 17, 2022, to shareholders of record on March 3, 2022.
  • Outlook: Nielsen sees FY22 revenue growth on a constant currency basis of 3.5% to 4.5%.
  • Nielsen sees FY22 adjusted EPS of $1.81 - $1.91 compared to the consensus of $1.81.
  • Price Action: NLSN shares traded higher by 8.14% at $19.00 in the premarket on the last check Monday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EarningsNewsGuidanceDividendsBuybacksMoversTechTrading IdeasBriefswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!