Nielsen Holdings (NLSN) Tops Q3 EPS by 1c; Approves $1B Buyback

Nielsen Holdings (NYSE: NLSN) reported Q3 EPS of $0.66, $0.01 better than the analyst estimate of $0.65. Revenue for the quarter came in at $1.57 billion versus the consensus estimate of $1.59 billion.

The company's board of directors also approved a new share repurchase program for up to $1 billion of Nielsen’s outstanding common stock. This is in addition to the current authorization in place since July 2013, of which approximately $400 million remains. Repurchases will be made in accordance with applicable securities laws from time to time in the open market or otherwise depending on Nielsen management’s evaluation of market conditions and other factors.

For earnings history and earnings-related data on Nielsen Holdings (NLSN) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Diana Shipping drops bid for Genco after price demands spike to $36.91
• Diana Shipping withdraws bid to acquire Genco Shipping