IHS Inc. Shares Down Sharply After Earnings Report - IHS Holding (NYSE:IHS)

27% profit every 20 days?

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IHS Inc. (NYSE: IHS) shares are down sharply this afternoon, down more than 7% after the company reported earnings last night.The company reported earnings of 59 cents per share. Excluding one time items, IHS reported earnings of 83 cents per share on $325.1 million. Wall Street had been expecting earnings of 87 cents per share on $320.8 million.The company said it expects full year earnings of $3.33 to $3.43 per share on $1.29 billion to $1.32 billion in revenue. Wall Street had been expecting earnings of $3.42 per share on $1.29 billion in revenues. At last check, shares were off $81.47, a loss of $6.52 or 7.4% so far during the session.

27% profit every 20 days?

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