McGraw Hill Financial (MHFI) Tops Q2 EPS by 8c
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McGraw Hill Financial (NYSE: MHFI) reported Q2 EPS of $1.06, $0.08 better than the analyst estimate of $0.98. Revenue for the quarter came in at $1.35 billion versus the consensus estimate of $1.29 billion.
"Revenue growth was led by Standard & Poor's Ratings Services and J.D. Power, each with double-digit growth. Platts, S&P Capital IQ, and S&P Dow Jones Indices all contributed high-single digit growth. The strong performance across all of our business units exemplifies what an outstanding portfolio of assets McGraw Hill Financial possesses," said Douglas L. Peterson, President and Chief Executive Officer of McGraw Hill Financial. "In addition, the Company delivered adjusted diluted EPS growth of 15% despite facing the most difficult EPS comparison of the year in the second quarter."
For earnings history and earnings-related data on McGraw Hill Financial (MHFI) click here.
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