IHS Markit (INFO) reported earnings Tue 17 Jan 2017 (b/o)

** charts after earnings **

 

IHS Markit beats by $0.02, reports revs in-line; reaffirms FY17 EPS guidance, revs guidance:

• Reports Q4 (Nov) earnings of $0.48 per share, excluding non-recurring items, $0.02 better than the Capital IQ Consensus of $0.46; revenues rose 57.2% year/year to $873.8 mln vs the $870.5 mln Capital IQ Consensus. Co reported Q4 Adjusted EBITDA of $338 million. Cash flow from operations of $163 million and free cash flow of $115 million.
• Co reaffirms guidance for FY17, sees EPS of $2.02-2.08 vs. $2.05 Capital IQ Consensus Estimate; sees FY17 revs of $3.4-3.560 n;m vs. $3.53 bln Capital IQ Consensus Estimate. Co sees FY17 Adjusted EBITDA in a range of $1.375 billion to $1.400 billion.