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NeuStar Q1 Profit Tops View; Backs FY13 Outlook

NeuStar Inc. (NSR) reported that its first-quarter was $33.8 million, compared to $34.0 million last year. Earnings per share for the latest first quarter was $0.50, same as last year.

For the latest first quarter, adjusted net income from continuing operations were $54.1 million, or $0.80 per share.

Total revenue for the quarter was $216.42 million, up 8% from $199.58 million in the comparable quarter last year.

On average, eleven analysts polled by Thomson Reuters expected the company to report earnings of $0.79 per share on revenues of $217.38 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead, the company affirmed its full year 2013 adjusted net income to range between $220 million and $230 million, with adjusted earnings per share expected between $3.28 to $3.43. Revenues for 2013 are anticipated to range between $895 million and $915 million.

Analysts currently expect the company to report earnings of $3.34 per share on revenues of $904.97 million for fiscal 2013.

by RTTNews Staff Writer

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