IHS Holding Q2 2024 GAAP EPS $(0.36) Misses $0.15 Estimate, Sales $435.377M Beat $428.302M Estimate
Portfolio Pulse from Benzinga Newsdesk
IHS Holding (NYSE:IHS) reported Q2 2024 GAAP EPS of $(0.36), missing the $0.15 estimate by 340%. Sales of $435.377M beat the $428.302M estimate but were down 20.29% YoY.
August 13, 2024 | 11:30 am
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IHS Holding reported a significant EPS miss of $(0.36) against the $0.15 estimate, a 340% deviation. However, sales of $435.377M slightly beat expectations but were down 20.29% YoY.
The significant EPS miss is likely to negatively impact investor sentiment and the stock price in the short term, despite the slight beat in sales estimates.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100