A Preview Of IHS Markit's Earnings

IHS Markit INFO releases its next round of earnings this Tuesday, September 29. Here's Benzinga's essential guide to IHS Markit's Q3 earnings report.

Earnings and Revenue

Analysts covering IHS Markit modeled for quarterly EPS of $0.69 on revenue of $1.07 billion. In the same quarter last year, IHS Markit reported earnings per share of $0.67 on sales of $1.11 billion. If the company were to post earnings in line with the consensus estimate when it reports Tuesday, EPS would be up 2.99%. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are up 19.04%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Don't be surprised to see the stock move on comments made during its conference call. IHS Markit is scheduled to hold the call at 08:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/eb7o72cd