07.10.2015 14:32:33
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IHS Reaffirms 2015 Guidance - Quick Facts
(RTTNews) - IHS Inc. (IHS), the leading global source of information and analytics, said it will publicly reaffirm its earnings guidance during its previously announced Investor Day presentation to be made today in New York City.
For the year ending November 30, 2015, IHS expects revenue at the mid-point of the range of $2.30 billion to $2.34 billion, including the low end of 5-6 percent subscription organic growth, negative non-subscription organic growth, and total organic growth of 1-2 percent; Adjusted earnings per share toward the high end of the range of $5.80 to $6.00 per share, and adjusted EBITDA toward the high end of the range of $725 million to $740 million.
Analysts polled by Thomson Reuters expected the company to report earnings of $5.98 per share and revenues of $2.33 billion for fiscal year 2015. Analysts' estimates typically exclude special items.
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