NeuStar Q2 Profit Tops View; Lifts FY13 Adj. EPS Outlook - Quick Facts

(RTTNews) - NeuStar Inc. (NSR) reported that its second-quarter net income was $43.4 million, or $0.65 per share, compared to $38.6 million, or $0.57 per share in the comparable quarter last year.

For the latest second quarter, adjusted net income rose to $56.9 million, or $0.85 per share, from $51.2 million, or $0.75 per share in the previous year period.

Total revenue for the quarter was $220.35 million, up 7% from $206.46 million in the comparable quarter last year.

On average, eleven analysts polled by Thomson Reuters expected the company to report earnings of $0.81 per share on revenues of $219.39 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead, the company increased its full year 2013 adjusted net income to range between $225 million and $235 million, with adjusted earnings per share expected between $3.38 to $3.53. Revenues range remains unchanged at $895 million and $915 million.

Earlier the company expected adjusted net income to range between $220 million and $230 million, with adjusted earnings per share in the range of $3.28 to $3.43.

Analysts currently expect the company to report earnings of $3.39 per share on revenues of $904.42 million for fiscal 2013.