IHS (IHS) Reaffirms FY14 Outlook Ahead of Presentations

IHS (NYSE: IHS) is reaffirming its 2014 revenue, Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) and Adjusted EPS (earnings per diluted share) guidance. The company plans to publicly reaffirm its earnings guidance in previously announced conference presentations today and tomorrow, November 12 and 13, 2014.

For the year ending November 30, 2014, IHS reaffirms and expects:

• Revenue in a range of $2.225 billion to $2.235 billion, including 6 percent organic growth on the subscription base;
• Adjusted EBITDA in a range of $685 million to $695 million; and
• Adjusted EPS in a range of $5.70 to $5.80 per diluted share.

*** The Street sees FY14 EPS of $5.79 and revenue of $2.23 billion.

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