IHS Inc. Q1 Profit Matches Estimates; Revises FY15 Guidance - Quick Facts

(RTTNews) - IHS Inc. (IHS), the leading global source of information and analytics, reported first-quarter net income of $39.52 million or $0.57 per share, compared to $32.42 million or $0.47 per share, prior year. Adjusted earnings per share was $1.36, for the quarter. On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $1.36 for the quarter. Analysts' estimates typically exclude special items. Revenue increased 4 percent to $546.26 million from $524.46 million last year. Analysts expected revenue of $552.68 million for the quarter. Total organic revenue growth was 2 percent.

For the year ending November 30, 2015, IHS revised its guidance: The company now expects: revenue in a range of $2.27 billion to $2.31 billion, including 5-6 percent subscription organic growth and negative non-subscription organic growth; and adjusted EPS in a range of $5.77 to $5.97. Analysts expect the company to report fiscal year 2015 earnings per share of $6.18 on revenue of $2.36 billion.