IHS Reaffirms 2012 Financial Guidance

IHS Inc. (NYSE: IHS), the leading global source of information and analytics, is reaffirming its 2012 revenue, adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) and adjusted earnings per share (EPS) guidance. The company plans to publicly reaffirm its earnings guidance during its previously announced conference presentation to be made today.

As discussed on the company’s September 20, 2012 conference call, IHS expects:
  • All-in revenue in a range of $1.515 to $1.535 billion, including an organic growth rate of approximately eight percent for the portion of the business that is subscription-based
  • All-in adjusted EBITDA in a range of $480 to $490 million
  • Adjusted EPS between $3.77 and $3.89

The above outlook assumes no further currency movements, acquisitions, pension mark-to-market adjustments or unanticipated events.

About IHS ( www.ihs.com)

IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to long-term, sustainable growth and employs more than 6,000 people in more than 30 countries around the world.

Use of Non-GAAP Financial Measures

Non-GAAP results are presented only as a supplement to the financial statements based on U.S. generally accepted accounting principles (GAAP). The non-GAAP financial information is provided to enhance the reader's understanding of our financial performance, but no non-GAAP measure should be considered in isolation or as a substitute for financial measures calculated in accordance with GAAP. Reconciliations of the most directly comparable GAAP measures to non-GAAP measures, such as Adjusted EBITDA and Adjusted earnings per diluted share, are provided within the schedules attached to this release.

If you liked this article you might like

IHS Stock Closed Up on Q2 Earnings Beat

Week Ahead: Markets Will Likely Still Feel the Burn From ‘Brexit’

Wall Street's Winning Streak Ends as Terrorism, Crude Press Stocks

Weak On High Volume: IHS (IHS)

IHS Stock Skyrocketed Today on Markit Merger