IHS (IHS) Scheduled to Post Earnings on Thursday
IHS (NYSE:IHS) is set to issue its Q214 quarterly earnings data on Thursday, June 19th. Analysts expect the company to announce earnings of $1.44 per share and revenue of $551.27 million for the quarter. IHS has set its FY14 guidance at $5.50-5.85 EPS.Investors that are interested in participating in the company’s conference call can do so using this link.
IHS (NYSE:IHS) last posted its quarterly earnings results on Thursday, March 20th. The company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.04. The company had revenue of $524.46 million for the quarter, compared to the consensus estimate of $514.05 million. During the same quarter in the previous year, the company posted $1.08 earnings per share. The company’s revenue for the quarter was up 37.2% on a year-over-year basis. On average, analysts expect IHS to post $5.77 EPS for the current fiscal year and $6.44 EPS for the next fiscal year.
IHS (NYSE:IHS) opened at 129.01 on Wednesday. IHS has a one year low of $95.03 and a one year high of $130.85. The stock has a 50-day moving average of $124.3 and a 200-day moving average of $119.6. The company has a market cap of $8.780 billion and a P/E ratio of 62.93.
On a related note, analysts at Morgan Stanley reiterated an “equal weight” rating on shares of IHS in a research note on Friday, March 21st. They now have a $118.00 price target on the stock, up previously from $114.00. Five research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $130.42.
IHS Inc (NYSE:IHS) is a source of information and insight in areas, such as energy and power; design and supply chain; defense, risk, and security; environment, health and safety (EHS) and sustainability; country and industry forecasting, and commodities, pricing, and cost.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.