Needham & Company Maintains a 'Hold' on Nielsen Holdings (NLSN); 3Q11 Earnings Preview

Needham & Company maintains a 'Hold' on Nielsen Holdings (NYSE: NLSN).

Needham analyst says, "We maintain our FY11 estimates of revenue of $5.49B, up 7% y/y, and Operating Income of $877mm, up 6% y/y, and Adjusted EPS of $1.53, up over FY10 Adjusted EPS of $0.74...We introduce FY12 estimates. For FY12, we estimate revenue of $5.845B, up 6% y/y, Operating Income of $1.12B, up 28% y/y, and Adjusted EPS of $1.81, up 18% y/y."

"We believe that recent ratings issues with program ratings will not cost NLSN any money and that NLSN has fixed the issue; therefore we do not expect it to be a problem in the future."

For more ratings news on Nielsen Holdings click here and for the rating history of Nielsen Holdings click here.

Shares of Nielsen Holdings closed at $28.04 yesterday.

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