Market Overview

IHS Markit Q3 Earnings Preview

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On Tuesday, IHS Markit Ltd.INFO) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings and Revenue

IHS Markit EPS will likely be near 55 cents while revenue will be around $991 million, according to analysts.

IHS Markit EPS in the same period a year ago totaled 57 cents. Revenue was $904.7 million. The analyst consensus estimate would represent a 3.51 percent decline in the company's EPS figure. Sales would be have grown 9.54 percent from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q2 2018 Q1 2018 Q4 2017 Q3 2017
EPS Estimate 0.57 0.5 0.51 0.53
EPS Actual 0.61 0.53 0.52 0.57

Stock Performance

Over the last 52-week period, shares of IHS Markit are up 15.21 percent. Analyst estimates have adjusted lower for EPS and revenues over the past 90 days. Analysts have been rating IHS Markit Ltd. - Common Shares stock as Sell. The strength of this rating has maintained conviction over the past three months.

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. IHS Markit's Q3 conference call is scheduled to begin at 8:00 a.m. ET and can be accessed here: http://investor.ihsmarkit.com/phoenix.zhtml?c=188457&p=irol-irhome

Posted-In: Earnings News

 

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