IHS Holding Q2 Earnings Lag Estimates

Quick Summary:

IHS Holding, which belongs to the Zacks Communication - Infrastructure industry, posted revenues of $435.38 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 5.81%.

IHS Holding (NYSE: IHS) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.13 per share.

A quarter ago, it was expected that this telecommunications infrastructure company would post earnings of $0.04 per share when it actually produced a loss of $0.07, delivering a surprise of -275%.

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Author / Journalist: Zacks

Category: Technology

Markets: United States

Topics: Tech Trading Ideas Analyst Ratings Large Cap IHS Penny Stocks Earnings Misses News Small Cap Markets Earnings Contributors HPQ

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-13 @ 19:47:01 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 636 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22069125

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