Arbitron (ARB) Misses Q3 EPS by 2c; Comments on FY Outlook
ARB Hot Sheet
Revenue Growth %: +5.5%Financial Fact:
Total costs and expenses: 75.17M
Today's EPS Names:
BRLI, TLB, TNP, More
Arbitron Inc. (NYSE: ARB) reports Q3 EPS of $0.51, 2 cents worse than estimates. Revenues were $98.1 million vs. $103.05 million consensus.
Arbitron is reiterating the following revenue and EPS guidance:
For the full year 2009, Arbitron continues to expect revenue to increase between two percent and six percent as compared to full year 2008 revenue of $368.8 million.
For the full year 2009, Arbitron continues to expect earnings per share (diluted) to be between $1.40 and $1.55, an increase of between three percent and 14 percent, as compared to $1.36 for the full year 2008. (Consensus is $1.43)
The Company's earnings per share guidance for the full year 2009 currently contemplates the impact of $10.1 million in pre-tax expense, related to the restructuring and reorganization program.
[SM]
Arbitron is reiterating the following revenue and EPS guidance:
For the full year 2009, Arbitron continues to expect revenue to increase between two percent and six percent as compared to full year 2008 revenue of $368.8 million.
For the full year 2009, Arbitron continues to expect earnings per share (diluted) to be between $1.40 and $1.55, an increase of between three percent and 14 percent, as compared to $1.36 for the full year 2008. (Consensus is $1.43)
The Company's earnings per share guidance for the full year 2009 currently contemplates the impact of $10.1 million in pre-tax expense, related to the restructuring and reorganization program.
[SM]
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