comScore's (NASDAQ:SCOR) Earnings Growth Estimated at 20 Percent

With expectations fourth quarter results for comScore (NASDAQ:SCOR) will come in at the high end of guidance, Needham says they expect that to continue on into 2011 and earnings growth in the foreseeable future averaging about 20 percent.

Needham said, "We expect SCOR’s 4Q10 results to come in at the high-end of guidance, driven by strong renewals during the busiest renewal period, healthy contract size increases at renewal, improved small-client churn, and continued integration execution of recent acquisitions. We expect 2011 to be defined by continued solid core growth and new product development and introductions. Given this, and our view that SCOR can generate - 20% earnings growth w/ high ROIC for the foreseeable future, we are reiterating our rating."

Needham & Company reiterates a "Buy" rating on comScore, which closed Wednesday at $21.97, down $0.18, or 0.81 percent. Needham has a price target on them of $26.