McGraw Hill Financial (MHFI) Tops Q3 EPS by 11c; Lifts FY15 EPS Outlook

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McGraw Hill Financial Reports Third Quarter Results

November 3, 2015 7:10 AM EST

NEW YORK, Nov. 3, 2015 /PRNewswire/ -- McGraw Hill Financial, Inc. (NYSE: MHFI) today reported third quarter 2015 results with revenue of $1.32 billion, an increase of 5% compared to the same period last year. Net income and diluted earnings per share from continuing operations were $252 million and $0.92, respectively.

Adjusted net income from continuing operations increased 16% to $325 million and adjusted diluted earnings per share from continuing operations increased 16% to $1.19. The adjustments in the third quarter of 2015 were associated with an estimated provision for potential legal settlements primarily in Australia, transaction costs related to the SNL acquisition,... More