IHS Markit Ltd. INFO releases its next round of earnings Tuesday. Here's Benzinga's essential guide to IHS Markit Q2 earnings report.
Earnings and Revenue
Wall Street analysts see IHS Markit reporting earnings of 56 cents per share on sales of $974.12 million.
IHS Markit reported a per-share profit of 52 cents when it published results during the same quarter last year. Sales in that period totaled $906.1 million. If the company were to match the consensus estimate, earnings would be up 9.62 percent. Sales would be up 7.51 percent from the year-ago period. IHS Markit's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | 0.5 | 0.51 | 0.53 | 0.52 |
| EPS Actual | 0.53 | 0.52 | 0.57 | 0.52 |
Stock Performance
Over the last 52-week period, shares are up 9.79 percent. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. Analysts' have adjusted their estimates higher for EPS and revenues over the past 90 days. The popular rating by analysts on IHS Markit stock is a Sell. The strength of this rating has dwindled over the past 90 days.
Conference Call
IHS Markit is scheduled to hold a conference call at 8:00 a.m. ET and it can be accessed here: https://edge.media-server.com/m6/p/9g66idht
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
