IHS Markit's (INFO) Q1 Earnings Beat Estimates, Improve Y/Y
Zacks Investment Research | Mar 23, 2020 10:05PM ET
IHS Markit Ltd. (NYSE:INFO) reported mixed first-quarter fiscal 2020 results, with earnings beating the Zacks Consensus Estimate but revenues missing the same.
Adjusted earnings per share of 66 cents beat the consensus mark by 4.8% and increased 10% on a year-over-year basis. Total revenues came in at $1.08 billion, marginally missing the consensus mark but improving 3% from the year-ago quarter.
We observe that shares of IHS Markit have decreased 16.3% over the past year compared with 14.1% decline of the Original post
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