Markit Reports Second Quarter 2015 Financial Results

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UBS Raises Price Target on Markit Ltd. (MRKT) Following Recent Stock Surge

August 14, 2015 9:33 AM EDT

UBS reiterated a Neutral rating on Markit Ltd. (NASDAQ: MRKT), and raised the price target to $31.00 (from $28.00), following recent stock surge. Analyst Alex Kramm said that shares have outperformed since the release, which revealed that Processing margins have not (and will not) contract as much as previously expected. The recent price action means decent... More

Markit Ltd. (MRKT) Tops Q2 EPS by 1c

August 12, 2015 7:29 AM EDT

Markit Ltd. (NASDAQ: MRKT) reported Q2 EPS of $0.36, $0.01 better than the analyst estimate of $0.35. Revenue for the quarter came in at $273.1 million versus the consensus estimate of $269.94 million.

For earnings history and earnings-related data on Markit Ltd. (MRKT) click here.

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