TheStreet

A combination of diversified revenue growth and strong profits helped IHS Markit (INFO - Get Report)  beat Wall Street's earnings expectations.

Shares were up 3.1% to $61.12.

The London-based information and analytics company reported second-quarter earnings of $465 million, or 37 cents a share, compared with $398.1 million, or 28 cents a share, a year ago. Adjusted earnings came to 71 cents a share, beating analysts' expectations of 65 cents.

Revenue totaled $1.14 billion, up 13% from a year ago, and matched Wall Street's expectations. The company posted 5% organic revenue growth. Among other areas, financial services reported a 25% increase in revenue.

For the year, IHS Markit said it expects revenue in a range of $4.43 billion to $4.50 billion and adjusted earnings of $2.52 to $2.57 a share.

"Our business model continues to perform well as we delivered another quarter of diversified revenue growth and strong margin and profit in the quarter," said Lance Uggla, chairman and CEO, in a statement.

Todd Hyatt, the company's chief financial officer, said IHS Markit "delivered a solid first half of the year and are positioned well to deliver upon our full year financial commitments."

Last week, IHS Markit said it was transferring its common share listing to the New York Stock Exchange from the Nasdaq Stock Market.