IHS Holding Q4 EPS $(1.36) Misses $0.04 Estimate, Sales $509.78M Beat $476.18M Estimate
Portfolio Pulse from Benzinga Newsdesk
IHS Holding reported a Q4 EPS of $(1.36), significantly missing the $0.04 estimate, marking a 65.85% decrease from the previous year. However, their sales of $509.78M exceeded the $476.18M estimate, despite being a 3.11% decrease from last year.
March 12, 2024 | 10:47 am
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NEGATIVE IMPACT
IHS Holding's Q4 earnings significantly missed estimates with a $(1.36) EPS, a 65.85% decrease YOY, but sales beat estimates at $509.78M, a slight 3.11% decrease YOY.
The significant miss in EPS expectations, despite a beat in sales, indicates potential operational or cost management issues that could concern investors. The sharp decrease in EPS compared to the previous year further emphasizes the negative outlook, likely leading to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100