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.
Contributor
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 in +1.29% Uptrend, advancing for three consecutive days on October 06, 2026
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where INFO advanced for three days, in 129 of 155 cases, the price rose further within the following month. The odds of a continued upward trend are 83%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 21, 2026. You may want to consider a long position or call options on INFO as a result. In 30 of 42 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 71%.
The Moving Average Convergence Divergence (MACD) for INFO just turned positive on October 05, 2026. Looking at past instances where INFO's MACD turned positive, the stock continued to rise in 15 of 20 cases over the following month. The odds of a continued upward trend are 75%.
INFO moved above its 50-day moving average on September 17, 2026 date and that indicates a change from a downward trend to an upward trend.
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
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 73%.
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.
The Aroon Indicator for INFO entered a downward trend on September 22, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
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