a company called ihs holding had some money problems recently, so they didn't do as well as people thought they would in a certain time period. this made some people who invest in stocks a little unhappy. but, it's not all bad - the company did make more money than people thought in another area. and, there are still good things that can happen in the future. Read from source...
In the article titled `IHS Holding Q2 Earnings Lag Estimates`, there were several instances of inconsistency and bias. For example, the article mentioned that IHS Holding's quarterly earnings were $0.04 per share, missing the Zacks Consensus Estimate of $0.13 per share. However, it did not mention that this was an improvement compared to the previous year's loss of $0.27 per share. Additionally, the article stated that IHS Holding's revenue for the quarter was $435.38 million, surpassing the Zacks Consensus Estimate by 5.81%. However, it did not mention that this was a decrease compared to the previous year's revenue of $546.2 million. The article also did not take into account the larger economic and industry factors that could have influenced IHS Holding's performance. Instead, it focused solely on the company's earnings and missed estimates, which could lead to an irrational and emotional reaction from investors.
- IHS Holding's Q2 earnings lagged estimates, with EPS of $0.04 (vs. est. of $0.13) and revenues of $435.38M (vs. est. of $409.1M). This represents an earnings surprise of -69.23%. However, the company has topped consensus revenue estimates three times over the last four quarters. IHS Holding shares have lost about 39.1% since the beginning of the year versus the S&Ps' gain of 12.1%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. IHS Holding has a Zacks Rank #3 (Hold).
- HP's Q3 earnings are expected to be released on August 28. The company is expected to post quarterly earnings of $0.86 per share, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. HP's revenues are expected to be $13.31 billion, up 0.9% from the year-ago quarter.