IHS Holding (IHS) Reports Q3 Loss, Tops Revenue Estimates
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IHS Holding (IHS) reported a Q3 loss of $0.61 per share, which was worse than the Zacks Consensus Estimate of a $0.11 loss. This is a larger loss compared to $0.48 per share a year ago. However, the company exceeded revenue expectations.
November 12, 2024 | 2:45 pm
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IHS Holding reported a larger-than-expected Q3 loss of $0.61 per share, missing the Zacks Consensus Estimate of $0.11. Despite the earnings miss, the company exceeded revenue expectations.
The larger-than-expected loss per share is likely to negatively impact the stock price in the short term. However, the fact that revenue exceeded expectations may mitigate some of the negative sentiment.
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