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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100