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.
Aroon Indicator for INFO shows an upward move is likely
INFO's Aroon Indicator triggered a bullish signal on May 15, 2026. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 163 similar instances where the Aroon Indicator showed a similar pattern. In of the 163 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The 10-day moving average for INFO crossed bullishly above the 50-day moving average on April 15, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 7 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where INFO advanced for three days, in of 161 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day RSI Indicator for INFO moved out of overbought territory on May 15, 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 20 similar instances where the indicator moved out of overbought territory. In of the 20 cases, the stock moved lower in the following days. This puts the odds of a move lower 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 .
INFO broke above its upper Bollinger Band on May 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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