GET DAILY SIGNALSIHS 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.
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Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
INFO's Stochastic Oscillator is sitting in oversold zone for 1 day
Be on the lookout for a price bounce soon.
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a +0.64% 3-day Advance, the price is estimated to grow further. Considering data from situations where INFO advanced for three days, in 124 of 151 cases, the price rose further within the following month. The odds of a continued upward trend are 82%.
The Aroon Indicator entered an Uptrend today. In 130 of 149 cases where INFO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 87%.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 16, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on INFO as a result. In 33 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 77%.
The Moving Average Convergence Divergence Histogram (MACD) for INFO turned negative on October 16, 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 21 similar instances when the indicator turned negative. In 18 of the 21 cases the stock turned lower in the days that followed. This puts the odds of success at 86%.
INFO moved below its 50-day moving average on October 22, 2026 date and that indicates a change from an upward trend to a downward trend.
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 50 of 62 cases within the following month. The odds of a continued downward trend are 72%.
INFO broke above its upper Bollinger Band on October 06, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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