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Nielsen (NLSN) to Report Q3 Earnings: What's in the Offing?
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Nielsen Holdings Plc is scheduled to report third-quarter 2020 results on Nov 5.
For third-quarter 2020, the Zacks Consensus Estimate for revenues is pegged at $1.52 billion, indicating a decline of 5.6% from the prior-year reported figure.
Further, the Zacks Consensus Estimate for earnings is pegged at 42 cents per share, suggesting a decline of 17.7% from the year-ago reported figure.
The company beat the Zacks Consensus Estimate for earnings twice in the trailing four quarters, delivering an average surprise of 14.9%.
Nielsen’s strong product lines and persistent investments in the addressable TV platform are likely to get reflected in third-quarter results. Moreover, the company’s strengthening presence in the advertising market is anticipated to have contributed to earnings in the quarter to be reported.
Additionally, its detailed product roadmaps are likely to have delivered greater transparency around monetization to customers through pervasive and consistent digital measurements in the quarter.
Further, the company’s strengthening digital initiatives across the Media business have been a major positive. Nielsen’s growing investments in this business in order to offer transparency and scalability are likely to have aided its momentum across addressable television and target ads in the quarter under review.
Nielsen’s audience data and AI tools, which help customers in making performance-based decisions, are expected to have boosted the cross Media plan in the third quarter.
Moreover, the plan of unifying the company’s go-to-market strategy and product offerings is likely to have bolstered international presence in the to-be-reported quarter.
Furthermore, these endeavors are expected to have aided the performance of its Television Audience Measurement during the third quarter.
Nielsen Connects’ strategic relationships with brick-and-mortar and online retailers are expected to have driven its performance in the quarter under review.
Moreover, robust Connect partner network is likely to have sustained momentum across data and analytics companies in the to-be-reported quarter.
However, sluggish growth in emerging markets might have hurt the company’s third-quarter performance. Further, ongoing investments in technology and infrastructure may have hampered margin expansion and profitability. Additionally, higher expenses are expected to get reflected in third-quarter results.
What Our Model Says
Our proven model does not conclusively predict an earnings beat for Nielsen this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Nielsen currently has a Zacks Rank #4 (Sell) and an Earnings ESP of 0.00%.
Stocks to Consider
Here are some stocks that you may consider, as our proven model shows that these have the right combination of elements to post an earnings beat in the to-be-reported quarter.
NVIDIA Corporation (NVDA - Free Report) has an Earnings ESP of +1.75% and carries a Zacks Rank of 2, currently.
Marchex, Inc. (MCHX - Free Report) has an Earnings ESP of +16.67% and currently carries a Zacks Rank of 2.
The Hottest Tech Mega-Trend of All
Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early.
Image: Bigstock
Nielsen (NLSN) to Report Q3 Earnings: What's in the Offing?
Nielsen Holdings Plc is scheduled to report third-quarter 2020 results on Nov 5.
For third-quarter 2020, the Zacks Consensus Estimate for revenues is pegged at $1.52 billion, indicating a decline of 5.6% from the prior-year reported figure.
Further, the Zacks Consensus Estimate for earnings is pegged at 42 cents per share, suggesting a decline of 17.7% from the year-ago reported figure.
The company beat the Zacks Consensus Estimate for earnings twice in the trailing four quarters, delivering an average surprise of 14.9%.
Nielsen Holdings Plc Price and EPS Surprise
Nielsen Holdings Plc price-eps-surprise | Nielsen Holdings Plc Quote
Factors to Note
Nielsen’s strong product lines and persistent investments in the addressable TV platform are likely to get reflected in third-quarter results. Moreover, the company’s strengthening presence in the advertising market is anticipated to have contributed to earnings in the quarter to be reported.
Additionally, its detailed product roadmaps are likely to have delivered greater transparency around monetization to customers through pervasive and consistent digital measurements in the quarter.
Further, the company’s strengthening digital initiatives across the Media business have been a major positive. Nielsen’s growing investments in this business in order to offer transparency and scalability are likely to have aided its momentum across addressable television and target ads in the quarter under review.
Nielsen’s audience data and AI tools, which help customers in making performance-based decisions, are expected to have boosted the cross Media plan in the third quarter.
Moreover, the plan of unifying the company’s go-to-market strategy and product offerings is likely to have bolstered international presence in the to-be-reported quarter.
Furthermore, these endeavors are expected to have aided the performance of its Television Audience Measurement during the third quarter.
Nielsen Connects’ strategic relationships with brick-and-mortar and online retailers are expected to have driven its performance in the quarter under review.
Moreover, robust Connect partner network is likely to have sustained momentum across data and analytics companies in the to-be-reported quarter.
However, sluggish growth in emerging markets might have hurt the company’s third-quarter performance. Further, ongoing investments in technology and infrastructure may have hampered margin expansion and profitability. Additionally, higher expenses are expected to get reflected in third-quarter results.
What Our Model Says
Our proven model does not conclusively predict an earnings beat for Nielsen this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Nielsen currently has a Zacks Rank #4 (Sell) and an Earnings ESP of 0.00%.
Stocks to Consider
Here are some stocks that you may consider, as our proven model shows that these have the right combination of elements to post an earnings beat in the to-be-reported quarter.
MercadoLibre, Inc. (MELI - Free Report) has an Earnings ESP of +269.05% and carries a Zacks Rank of 1, at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
NVIDIA Corporation (NVDA - Free Report) has an Earnings ESP of +1.75% and carries a Zacks Rank of 2, currently.
Marchex, Inc. (MCHX - Free Report) has an Earnings ESP of +16.67% and currently carries a Zacks Rank of 2.
The Hottest Tech Mega-Trend of All
Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>