Needham & Company Maintains a 'Hold' on Nielsen Holdings (NLSN); Cutting Estimates
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Price: $35.05 -0.09%
Rating Summary:
14 Buy, 4 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 22
Rating Summary:
14 Buy, 4 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 22
Trade NLSN Now!
Needham & Company maintains a 'Hold' on Nielsen Holdings (NYSE: NLSN).
Analyst, Laura Martin, said, "Based on that press release and on management comments made during the quarter at various investor conferences, we are lowering our revenue and EPS estimates for 2Q12 and FY12. We now expect 2Q12 revenue of $1.4B, flat y/y and 3% below our previous estimates, EBITDA (before charges) of $393mm, up 2% y/y and 5% below our previous estimate...For FY12, we lower our revenue estimate to $5.675B, up 3% y/y and 2% below our previous estimates, and Adjusted EPS of $1.77, down $0.02 from our previous estimate of $1.79."
For an analyst ratings summary and ratings history on Nielsen Holdings click here. For more ratings news on Nielsen Holdings click here.
Shares of Nielsen Holdings closed at $26.22 yesterday, with a 52 week range of $24.38-$31.83.
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Analyst, Laura Martin, said, "Based on that press release and on management comments made during the quarter at various investor conferences, we are lowering our revenue and EPS estimates for 2Q12 and FY12. We now expect 2Q12 revenue of $1.4B, flat y/y and 3% below our previous estimates, EBITDA (before charges) of $393mm, up 2% y/y and 5% below our previous estimate...For FY12, we lower our revenue estimate to $5.675B, up 3% y/y and 2% below our previous estimates, and Adjusted EPS of $1.77, down $0.02 from our previous estimate of $1.79."
For an analyst ratings summary and ratings history on Nielsen Holdings click here. For more ratings news on Nielsen Holdings click here.
Shares of Nielsen Holdings closed at $26.22 yesterday, with a 52 week range of $24.38-$31.83.
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