IHS Markit Ltd. (NASDAQ:INFO) is set to announce second quarter earning results on Tuesday 23rd June 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, INFO to report 2Q20 income of $ 0.67 per share.
For the full year, analysts anticipate top line of $ 4299.04 million, while looking forward to income of $ 2.76 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 4,520.00 million ~ $ 4,590.00 million, where as bottomline are predicted in a range of $ 2.82 ~ $ 2.88 per share
Historical Earnings Performance
The pervious quarter 1Q20 results topped estimates, the report interpreted income of $ 0.66 per share from the top line of $ 1,080.80 million, analysts anticipated $ 0.64 per share
In the same quarter last year, the 2Q19 results surpassed street view, the report represented earnings of $ 0.71 per share from the revenues of $ 1,135.50 million, analysts expected $ 0.65 per share
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Stock Performance
According to the previous trading day, closing price of INFO was $ 73.15, representing a 63.24 % increase from the 52 week low of $ 44.81 and a 10.41 % decrease over the 52 week high of $ 81.65.
The company has a market capital of $ 29.18 billion and is part of the Industrials sector and Business Services industry.
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Recent Analyst recommendations
On 16th June 2020, maintained by Deutsche Bank at Buy rating, with $ 84.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.17 per share on April 16, 2020. The dividend were payable on May 15, 2020 to holders of record as of the close of business on April 30, 2020 and ex-dividend date on April 29, 2020.
Conference Call
IHS Markit Ltd. will be hosting a conference call at 8:00 AM eastern time on 23rd June 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/y8famb36
IHS Markit Ltd. provides critical information, analytics, and solutions for various industries and markets that drive economies worldwide. The companys information, analytics, and solutions enhance operational efficiency and offer deep insights for customers in business, finance, and government.
