Revenue Update on IHS Markit Ltd. – Common Shares(NASDAQ:INFO)

IHS Markit Ltd. – Common Shares(NASDAQ:INFO) announced the earnings results for Fiscal Year 2017 and Q1. The results came in during Pre-Market on Mar 28, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Company reported revenue of $844.200M. Analysts estimated a revenue of $845.100M. The revenues were -0.11% below the estimates. Earnings per share were $0.45. Analysts had estimated an EPS of $0.45.

IHS Markit Ltd. – Common Shares (INFO) made into the market gainers list on Fridays trading session with the shares advancing 0.37% or 0.15 points. Due to strong positive momentum, the stock ended at $40.33, which is also near the day’s high of $40.6. The stock began the session at $40.33 and the volume stood at 14,61,310 shares. The 52-week high of the shares is $41 and the 52 week low is $30.323904. The company has a current market capitalization of $16,525 M and it has 40,97,46,170 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Feb 14, 2017, Sari Beth Granat (EVP, General Counsel) sold 2,258 shares at $39.72 per share price.Also, On Feb 14, 2017, Jonathan Gear (EVP Resources & Transportation) sold 25,000 shares at $39.68 per share price.On Feb 10, 2017, William E Ford (director) sold 2,774,059 shares at $39.45 per share price, according to the Form-4 filing with the securities and exchange commission.

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