Business information provider IHS Inc.'s (IHS) second-quarter net income dropped to $42.89 million, or $0.65 per share, from $44.19 million, or $0.66 per share, last year. On the other hand, adjusted per-share earnings amounted to $1.04 during the recent period. On average, 9 analysts polled by Thomson Reuters expected earnings per share of $1.03 for the quarter. Analysts' estimates typically exclude one-time items.
The firm clocked revenue of $418.14 million in the quarter, up eight percent from the prior-year period's $387.16 million, with an organic revenue growth rate of three percent overall, including six percent for subscription-based business. Analysts estimated revenues of $423.28 million for the quarter.
For the year ending November 30, 2013, IHS sees adjusted earnings per share between $4.23 and $4.43, and an all-in revenue of $1.66 billion - $1.73 billion, including an overall organic growth rate expected to be between 5-7 percent at the midpoint. Analysts project annual earnings of $4.35 per share, on $1.68 billion revenue.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.