Neustar (NSR) Tops Q2 EPS by 4c; Boosts Outlook

July 30, 2013 5:18 PM EDT
Neustar (NYSE: NSR) reported Q2 EPS of $0.85, $0.04 better than the analyst estimate of $0.81. Revenue for the quarter came in at $220.4 million versus the consensus estimate of $219.39 million.

Neustar sees FY2013 EPS of $3.38-$3.53, versus prior guidance of $3.28-$3.43 and the consensus of $3.39. Neustar sees FY2013 revenue of $895-915 million, versus the consensus of $904.4 million.

“We continue to execute on our strategy to become a leading provider of real-time information and analytics,” said Lisa Hook, Neustar's president and chief executive officer. “As we enhance our capabilities and infrastructure and build strategic partnerships, we are increasingly well positioned to deliver high-value workflow solutions to our clients and strong results for our shareholders.”

Paul Lalljie, Neustar's chief financial officer, added, “Our second quarter results were strengthened by the acceleration of a portion of the transaction-based revenue originally anticipated in the second half of the year. In total, we are on track to achieve our full-year revenue guidance. In addition, our continued focus on making discreet investments while maintaining tight control of operating expense allows us to raise our adjusted net income and net income per share guidance for the year.”

For earnings history and earnings-related data on Neustar (NSR) click here.


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