IHS Markit beats by $0.04, beats on revs; reaffirms FY17 EPS guidance, revs guidance
- Reports Q3 (Aug) earnings of $0.57 per share, $0.04 better thanthe Capital IQ Consensus of $0.53; revenues rose 24.9% year/year to $904.7 mln vs the $890.99 mln Capital IQ Consensus.
- Co reaffirms guidance for FY17, sees EPS of $2.02-2.08 vs. $2.06 Capital IQ Consensus Estimate; sees FY17 revs of ~$3.49-3.56 bln vs. $3.55 bln Capital IQ Consensus Estimate.
- Co also states that FY17 Adjusted EBITDA is trending at the low- to mid-point of the range of $1.375-1.400 bln
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