IHS Markit (NASDAQ:INFO) issued an update on its FY18 earnings guidance on Tuesday morning. The company provided EPS guidance of $2.23-2.27 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.27. The company issued revenue guidance of $3.85-3.90 billion, compared to the consensus revenue estimate of $3.87 billion.
IHS Markit opened at $51.28 on Thursday, Marketbeat.com reports. The stock has a market capitalization of $20.54 billion, a price-to-earnings ratio of 30.52, a PEG ratio of 2.40 and a beta of 0.77. IHS Markit has a 12 month low of $42.40 and a 12 month high of $53.05. The company has a current ratio of 1.41, a quick ratio of 0.79 and a debt-to-equity ratio of 0.56.
IHS Markit (NASDAQ:INFO) last announced its earnings results on Tuesday, June 26th. The business services provider reported $0.61 EPS for the quarter, topping the consensus estimate of $0.57 by $0.04. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $974.12 million. IHS Markit had a net margin of 16.03% and a return on equity of 9.68%. The business’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.52 EPS. research analysts predict that IHS Markit will post 1.85 earnings per share for the current fiscal year.
In related news, CEO Lance Darrell Gordon Uggla sold 80,000 shares of the company’s stock in a transaction dated Monday, April 9th. The shares were sold at an average price of $48.36, for a total value of $3,868,800.00. Following the sale, the chief executive officer now owns 806,023 shares of the company’s stock, valued at $38,979,272.28. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Adam Jason Kansler sold 20,000 shares of the company’s stock in a transaction dated Tuesday, April 10th. The shares were sold at an average price of $48.50, for a total transaction of $970,000.00. Following the completion of the sale, the executive vice president now directly owns 131,052 shares in the company, valued at approximately $6,356,022. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 622,400 shares of company stock worth $30,314,866. Insiders own 2.68% of the company’s stock.
IHS Markit Company Profile
IHS Markit Ltd. provides critical information, analytics, and solutions for various industries and markets that drive economies worldwide. The company's information, analytics, and solutions enhance operational efficiency and offer deep insights for customers in business, finance, and government.
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