IHS (IHS) Releases Earnings Results, Beats Expectations By $0.12 EPS

IHS (IHS) reported quarterly earnings results on Tuesday, Jun-28-2016. The company said it had a profit of $1.60 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.12. Analysts had a consensus of $1.48. The company posted revenue of $588.00 million in the period, compared to analysts expectations of $591.53 million. The company’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.50 EPS.

IHS closed down -3.43 points or -3.08% at $107.85 with 4,40,821 shares getting traded on Monday. Post opening the session at $110.24, the shares hit an intraday low of $107.85 and an intraday high of $110.74 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on May 4, 2016, Todd S. Hyatt (EVP and CFO) sold 1,500 shares at $123.21 per share price. According to the SEC, on Mar 24, 2016, Heather Matzke-hamlin (Sr VP, Chief Acctg Officer) sold 1,257 shares at $121.62 per share price. On Jul 17, 2015, Roger J Holtback (director) sold 10,000 shares at $128.56 per share price, according to the Form-4 filing with the securities and exchange commission.

IHS Inc. is engaged in the provision of analytics and information to organizations. The Company operates as a source of information insight and analytics in areas such as energy and natural resources technology healthcare chemicals automotive aerospace defense maritime and trade. The Company offers Web services and application interfaces that allow its customers to integrate its information with other data business processes and applications such as computer-aided design enterprise resource planning (ERP) supply chain management and product data or lifecycle management. The Company’s Energy and Natural Resources target industry include Oil and Gas Coal and Power and Utilities. Its content and analysis service provides information on wells pipeline miles and regulatory and mineral rights documents as well as information on oil and gas fields basins and operating assets and power and industrial plants.


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