Nielsen’s reported revenue of $1.62 billion beat Wall Street’s $1.61 billion sales forecast for the fourth quarter of 2015. The TV ratings currency company also scored a win at the bottom line by a couple of pennies.
With some accounting that recognized the company’s increased stake in Nielsen Catalina Solutions, quarterly net income rose almost 61 percent to $254 million versus the comparable quarter last year. On an adjusted basis, however, the company’s $300 million profit was actually slightly down year over year.
Per diluted share, those adjusted earnings come out to 82 cents. Yahoo Finance expected 80 cents in earnings per share, while Zacks predicted it’d be 76 cents.