NeuStar Q3 Profit Declines, Boosts 2014 Outlook - Quick Facts

(RTTNews) - NeuStar, Inc. (NSR) reported third-quarter net income of $48.17 million or $0.84 per share, down from $47.54 million or $0.73 per share in the same period last year.

Excluding items, adjusted net income for the quarter was $78.13 million or $1.37 per share, compared to $62.34 million or $0.95 per share in the year-ago quarter.

On average, eight analysts polled by Thomson Reuters expected the company to earn $1.04 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter increased 7 percent to $243.68 million from $227.63 million in the same quarter last year. Analysts expected revenues of $243.24 million.

Looking ahead to fiscal 2014, the company raised its adjusted earnings guidance to a range of $4.08 to $4.25 per share from the prior forecast in the range of $3.88 to $4.05 per share. It now projects revenues between $955 million and $970 million, up from the previous forecast between $945 million and $970 million.

Analysts currently expect full-year 2014 earnings of $3.93 per share on revenues of $964.46 million.