Recap: IHS Holding Q1 Earnings
Portfolio Pulse from Benzinga Insights
IHS Holding (NYSE:IHS) reported Q1 earnings with an EPS of $0.03, missing estimates by 83.33%. Revenue was up $156.40 million YoY. Last quarter, the company missed EPS by $0.86, followed by a 3.63% increase in share price the next day.
May 23, 2023 | 10:25 am
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NEUTRAL IMPACT
IHS Holding's Q1 earnings missed estimates by 83.33%, reporting an EPS of $0.03. Despite missing estimates last quarter, the share price increased by 3.63% the following day.
IHS Holding missed Q1 earnings estimates significantly, which could negatively impact the stock price. However, last quarter's miss was followed by a 3.63% increase in share price the next day, suggesting that the market may not react negatively to the news. Therefore, the short-term impact is neutral.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100