As a result of its decision to delay further implementation of PPM (see above), Arbitron is updating its previously issued guidance to reflect the resultant financial impact. Earnings per share (diluted) for 2007 are currently estimated to be between 1.30 and 1.35 as compared to its previously issued earnings per share guidance of 1.35 to 1.45.
In addition, the company currently estimates the impact of foregone revenue and additional costs required to produce diary estimates in the affected markets will reduce 2008 earnings by 0.22 to 0.33 per share (diluted).
