Nielsen Nails Profit Forecasts for Q3, Just Shy on Revenue

CEO Mitch Barns touts Digital Content Ratings rollout as a “move toward a new definition of the currency ratings”

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Nielsen nailed external net income expectations in the third quarter of 2015, and boss Mitch Barns is pleased with the way his Digital Content Ratings have rolled out in their early stages.

The TV ratings giant reported adjusted earnings per share (EPS) of $0.69 on net income of $142 million. Revenue was $1.53 billion, just shy of the anticipated mark. Wall Street had forecast that exact same EPS on revenue of $1.54 billion, per Yahoo Finance. Zachs saw the EPS coming in three cents lower.

Nielsen could use the good news, as its competition is coming. Last month, ComScore bought Rentrak, bringing two big Nielsen competitors together.

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