IHS Markit Tops Estimates

IHS Markit, an information and analytics provider, reported Q4 adjusted EPS of $0.48, up from $0.44 in the same period a year ago and topping the estimate of $0.46 from analysts polled by CapIQ.

Total revenues in the quarter ended Nov. 30 were $873.8 million, up from $555.7 million in the same period a year ago and exceeded the Street projection of $870.5 million.

The company guided 2017 revenue in a range of $3.49 billion to $3.56 billion, straddling the Street estimate of $3.53 billion. Full year adjusted EPS is anticipated in a range of $2.02 to $2.08 per share, straddling the Street projection of $2.05.