IHS Holding Q1 EPS $0.03 Vs. $0.05 Prior Year, Sales $602.53M Beat $569.97M Estimate
Portfolio Pulse from Benzinga Newsdesk
IHS Holding reported Q1 earnings of $0.03 per share, a 40% decrease from $0.05 per share last year. Quarterly sales were $602.53 million, beating the analyst consensus estimate of $569.97 million by 5.71% and a 35.06% increase from last year.
May 23, 2023 | 10:06 am
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NEUTRAL IMPACT
IHS Holding's Q1 earnings decreased 40% YoY to $0.03 per share, while sales increased 35.06% YoY to $602.53 million, beating estimates by 5.71%.
IHS Holding's Q1 earnings decreased 40% YoY, which is a negative sign for investors. However, the company's sales increased 35.06% YoY and beat analyst estimates by 5.71%, which is a positive sign. The mixed results make the short-term impact on the stock price neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100