IHS Markit (INFO) Reports In-Line Q1 EPS

IHS Markit (NASDAQ: INFO) reported Q1 EPS of $0.45, in-line with the analyst estimate of $0.45. Revenue for the quarter came in at $844 million versus the consensus estimate of $843.83 million.

• Revenue of $844 million, including reported organic revenue growth of 1 percent and normalized organic revenue growth of 2 percent
• Net income of $66 million and diluted earnings per share (EPS) of $0.16
• Adjusted EBITDA of $320 million and Adjusted earnings per diluted share (Adjusted EPS) of $0.45
• Cash flow from operations of $251 million and free cash flow of $179 million

GUIDANCE:

IHS Markit sees FY2017 EPS of $2.02-$2.08, versus the consensus of $2.06.

For earnings history and earnings-related data on IHS Markit (INFO) click here.

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