IHS Q4 Profit Rises - Quick Facts

(RTTNews) - Business information provider IHS Inc. (IHS) reported higher net income of $60.12 million, or $0.87 a share, in the fourth quarter, compared with $40.81 million, or $0.60 a share, a year ago. On an adjusted basis, earnings for the recent quarter amounted to $1.68 a share.

Quarterly revenue went up by 4 percent year-over-year to $582.32 million from $559.68 million.

Analysts polled by Thomson-Reuters estimated earnings to be $1.55 per share, on revenues of $585.06 million for the quarter.

For the year ending November 30, 2015, IHS expects adjusted per-share earnings in a range of $6.10 to $6.30, and revenue of $2.36 billion to $2.40 billion, including 6-7 percent organic growth on the subscription base and neutral non-subscription organic growth. Analysts project annual earnings of $6.39 a share on $2.38 billion revenue.