IHS Markit (INFO) Tops Q4 EPS by 2c, Revenues Miss; Offers FY19 EPS/Revenue Outlook
Get Alerts INFO Hot Sheet
Join SI Premium – FREE
IHS Markit (NASDAQ: INFO) reported Q4 EPS of $0.57, $0.02 better than the analyst estimate of $0.55. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.08 billion.
- Revenue of $1.068 billion, including total organic revenue growth of 5 percent
- Net income of $81 million and diluted earnings per share (EPS) of $0.20
- Adjusted EBITDA of $417 million and Adjusted earnings per diluted share (Adjusted EPS) of $0.57
- Cash flow from operations of $358 million and free cash flow of $303 million
“We had a very successful 2018 and delivered strong diversified financial results that were in line with our expectations. Operationally, our teams are performing at a high level, and we are well positioned within each of our end markets, which gives us confidence to achieve our 2019 guidance,” said Lance Uggla, chairman and chief executive officer at IHS Markit.
“We had a solid Q4 to finish a strong year in which we delivered 6 percent organic revenue growth, Adjusted EBITDA margin expansion, double-digit Adjusted EPS growth, and produced $1.067 billion of free cash flow,” said Todd Hyatt, chief financial officer at IHS Markit.
GUIDANCE:
IHS Markit sees FY2019 EPS of $2.52-$2.57, versus the consensus of $2.56. IHS Markit sees FY2019 revenue of $4.425-4.5 billion, versus the consensus of $4.48 billion.
For earnings history and earnings-related data on IHS Markit (INFO) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- SAP Q1 results fall short of Wall Street estimates as transformation kicks off
- Chicopee Bancorp (CBNK) Tops Q1 EPS by 1c
- Scorpius Holdings (SCPX) Receives Nasdaq Filing Delinquency Notification
Create E-mail Alert Related Categories
Corporate News, Earnings, Guidance, Management CommentsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!