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IHS Markit (NASDAQ:INFO) reported second-quarter earnings of 71 cents per share, which beat the analyst consensus estimate of 65 cents. This is a 16.39% increase over earnings of 61 cents per share from the same period last year.
The company reported quarterly sales of $1.136 billion, which missed the analyst consensus estimate of $1.14 billion. This is a 12.7% increase over sales of $1.008 billion the same period last year.
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IHS Markit updated its FY2019 revenues to $4.425 billion to $4.5 billion compared to the $4.45 billion estimate. FY2019 adjusted EPS to $2.52-$2.57 compared to the $2.55 estimate.
IHS Markit shares traded around $59.40 at time of publication.
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.