Neustar Inc (NSR) Releases Earnings Results, Beats Expectations By $0.05 EPS

Neustar Inc (NSR) reported quarterly earnings results on Thursday, Jul-28-2016. The company said it had a profit of $1.26 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.05. Analysts had a consensus of $1.21. The company posted revenue of $297.60 million in the period, compared to analysts expectations of $297.32 million. The company’s revenue was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.10 EPS.

Neustar Inc closed down -0.14 points or -0.57% at $24.26 with 5,74,776 shares getting traded on Thursday. Post opening the session at $24.31, the shares hit an intraday low of $24.14 and an intraday high of $24.35 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on Jul 8, 2016, Henry Skorny (SVP, IOT) sold 24,677 shares at $23.44 per share price. According to the SEC, on Mar 9, 2016, Edward M Jr. Prince (SVP, Corporate Development) sold 7,835 shares at $26.32 per share price. On Sep 29, 2015, Steve Edwards (SVP, Data Solutions) sold 5,353 shares at $27.45 per share price, according to the Form-4 filing with the securities and exchange commission.

NeuStar Inc. is a provider of real-time information services and analytics. The Company serves marketing and security functions in the communications financial services media and advertising retail and e-commerce Internet and technology industries. Its services include marketing services security services data services and number portability administration center (NPAC) services. The Company’s marketing services include customer intelligence activation and media intelligence services. As part of security services the Company directs and manages the flow of Internet traffic resolves Internet queries and provides security protection against cyber-attacks. The Company also manages authoritative domain-name registries. The Company’s NPAC services include the dynamic routing of calls and text messages among all competing communications service providers in the United States.

Neustar Inc

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