IHS Markit (INFO, $79.00) beats fiscal Q4 earnings and revenue expectations
IHS Markit Ltd. reported its fiscal fourth-quarter 2019 earnings and revenues – both of which surpassed Zacks Consensus Estimate.
The information provider company’s adjusted earnings for the quarter came in at 65 cents per share, beating the consensus estimate by 6.6%. The figure was +14% higher from the year-ago quarter.
Total revenues of $1.12 billion, exceeded the consensus by 0.05%. Revenues increased + 5% year-over-year for the quarter.
Revenues at the company’s Resources segment rose +75 year-over-year to $237.6 million; recurring revenues of this segment grew +5% organically.
The Transportation segment’s revenue increased +9% year-over-year to $324.5 million. Recurring revenues at this segment climbed +12% organically.
CMS segment revenue declined -8% year over year, with 1% organic growth in recurring revenues.
The company’s Financial services segment’s revenues rose +5% year over year to $430.6 million; recurring revenue in this segment increased +8% organically.
Recurring fixed revenues increased +6% year-over-year to $810.1 million; they grew +7% on an organic basis. Recurring variable revenues rose +6% to $147.5 million, and +7% on an organic basis.
Non-recurring revenues fell -2% from the year-ago quarter to $162.8 million; they were up +1% on an organic basis.
Looking ahead, IHS Markit projects revenues of $4.52 billion to $4.59 billion, (including organic growth of 5% to 6%) for fiscal full year 2020. The Zacks Consensus Estimate for revenues is $4.41 billion.
IHS expects adjusted EBITDA for fiscal 2020 to range between $1.86 billion and $1.89 billion. It expects adjusted EPS range of $2.82 to $2.88. The Zacks Consensus Estimate for earnings is $2.58.
INFO's Stochastic Oscillator stays in oversold zone for 3 days
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where INFO advanced for three days, in of 159 cases, the price rose further within the following month. The odds of a continued upward trend are .
INFO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 156 cases where INFO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for INFO moved out of overbought territory on June 05, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 18 similar instances where the indicator moved out of overbought territory. In of the 18 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on June 05, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on INFO as a result. In of 43 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for INFO turned negative on June 03, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 23 similar instances when the indicator turned negative. In of the 23 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where INFO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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