Revenue Update on IHS(NYSE:IHS)

IHS(NYSE:IHS) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jun 28, 2016. Company reported revenue of $587.97M. Analysts estimated a revenue of $588.74M. Earnings per share were $1.60. Analysts had estimated an EPS of $1.48.

IHS (IHS) made into the market gainers list on Fridays trading session with the shares advancing 1.64% or 1.9 points. Due to strong positive momentum, the stock ended at $117.51, which is also near the day’s high of $117.86. The stock began the session at $115.41 and the volume stood at 5,17,161 shares. The 52-week high of the shares is $129.75 and the 52 week low is $92.59. The company has a current market capitalization of $7,926 M and it has 6,74,52,437 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On May 4, 2016, Todd S. Hyatt (EVP and CFO) sold 1,500 shares at $123.21 per share price.Also, On Mar 24, 2016, Heather Matzke-hamlin (Sr VP, Chief Acctg Officer) sold 1,257 shares at $121.62 per share price.On Jul 17, 2015, Roger J Holtback (director) sold 10,000 shares at $128.56 per share price, according to the Form-4 filing with the securities and exchange commission.

IHS Inc. is engaged in the provision of analytics and information to organizations. The Company operates as a source of information insight and analytics in areas such as energy and natural resources technology healthcare chemicals automotive aerospace defense maritime and trade. The Company offers Web services and application interfaces that allow its customers to integrate its information with other data business processes and applications such as computer-aided design enterprise resource planning (ERP) supply chain management and product data or lifecycle management. The Company’s Energy and Natural Resources target industry include Oil and Gas Coal and Power and Utilities. Its content and analysis service provides information on wells pipeline miles and regulatory and mineral rights documents as well as information on oil and gas fields basins and operating assets and power and industrial plants.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *