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Stocks Alert: Nielsen Hldg NV (NYSE:NLSN), Cash America International Inc (NYSE:CSH), Prologis Inc (NYSE:PLD)

Stocks Alert: Nielsen Hldg NV (NYSE:NLSN), Cash America International Inc (NYSE:CSH), Prologis Inc (NYSE:PLD)
Written by
Joel Najarian
Published on
October 23, 2014
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Nielsen Hldg NV (NYSE:NLSN) shares were steady at $42.70 after it reported Q3 earnings that topped analysts' estimates by one cent and added $1 billion to its share buyback program. The provider of information about what consumers watch and buy said adjusted net income rose 32% to $0.66 per diluted share compared to the $0.65 average estimate from analysts polled by Capital IQ. Nielsen Hldg NV (NYSE:NLSN)revenue rose 13.3% to $1.57 billion compared to the $1.59 billion consensus estimate.Cash America International Inc (NYSE:CSH) reported Thursday adjusted Q3 EPS of $0.82 a share, up 2.5% YOY and above the Q3 EPS street estimate of $0.76, the consensus of analysts rated by Capital IQ. CSH, a pawn shop and consumer loan operation, reported revenues of $472.2 million, up 7.9% YOY, and above street estimate of $466.4 million. Cash America International Inc (NYSE:CSH) said it completed strategic initiatives in Q3, including the sale of 47 pawnshops in Mexico, and positioning of its e-commerce loan segment to be an independent public company. New regulations in the United Kingdom affected operations there, said CRS.In Q3, CSH repurchased $103.5 million of outstanding senior notes in the open market, which generated $6.0 million in pretax charges ($0.13 per share). In total, CRS reported $0.48 a share of one-time or unusual charges in the Q3, not reported against the adjusted Q3 EPS of $0.82. CRS slated conference call for Thursday at 7:00 am CDT. Additionally, CRS declared a quarterly $0.035 (3.5 cents) per share cash dividend, paid Nov. 19 to Nov. 5 shareholders of record. The dividend was unchanged YOY, and has not changed since Q1 2007.Prologis Inc (NYSE:PLD), a real-estate investment trust, Thursday reported it swung to a Q3 profit that topped analysts' expectations as revenue, while lower than in the prior-year period, also surpassed the Street view. The company swung to a net profit attributable to common shareholders of $136.2 million, or $0.23 per diluted share, from a loss in the prior-year period of $7.5 million, or $0.02 per diluted share. Analysts polled by Capital IQ were expecting a profit in the latest quarter of $0.13 per share.Core funds from operations rose to $244.9 million, or $0.48 per diluted share, from $206.9 million, or $0.41 per share, a year earlier. Revenue slipped to $415.2 million from $423.1 million a year earlier, but topped analysts' mean estimate of $390.2 million. "I am very pleased with our quarterly performance," said Hamid R. Moghadam, Prologis Inc (NYSE:PLD) chairman and CEO. "Our results were led by operations, with global occupancy ending at 95% and rent change reaching the highest level in many years. We are raising the midpoint for our full-year 2014 Core FFO guidance due to our performance to date and expectations for continued growth."The company now expects 2014 core FFO in a narrowed range of $1.85 to $1.86, versus its prior forecast for $1.82 to $1.86, which had already been raised from earlier guidance. It now sees net earnings of $0.49 to $0.50 per share, well above its prior view of $0.20 to $0.24 per share and analysts' recent prediction for $0.22 per share.

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