IHS Updates 2013 Guidance To Include R.L. Polk Acquisition - Quick Facts

(RTTNews) - IHS Inc. (IHS) updated its 2013 financial guidance. For the year ending November 30, 2013, the company now expects: all-in revenue in a range of $1.80 billlion to $1.82 billion; all-in adjusted EBITDA in a range of $540 to $560 million; and adjusted EPS in a range of $4.75 to $5.00.

Analysts polled by Thomson Reuters expect the company to report fiscal 2013 profit per share of $4.30 on revenue of $1.67 billion. Analysts' estimates typically exclude special items.

"We are excited about the value we are creating through the combination of IHS and R.L. Polk, and the $0.40-$0.50 of incremental adjusted EPS we expect it to add to IHS in 2014. We also continue to see solid organic growth for the remainder of 2013." said Scott Key, IHS president and chief executive officer.