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Nielsen (NLSN) Stock Plunges on Q3 Miss, Guidance

NEW YORK (TheStreet) -- Shares of Nielsen (NLSN) were tumbling 14.58% to $46.89 on heavy trading volume mid-morning Tuesday after the company reported lower-than-expected 2016 third-quarter results and issued a downbeat full-year forecast.

Nielsen posted earnings of 74 cents per diluted share, falling short of analysts' estimated 76 cents per share.

Revenue grew 2.5% year-over-year to $1.57 billion, but missed Wall Street's expected $1.59 billion.

In 2015, the New York City-based information, data and measurement company reported earnings of 69...


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