Seeking Alpha

IHS (IHS -18.6%) is having a very ugly day after missing FQ3 estimates and offering weak...

IHS (IHS -18.6%) is having a very ugly day after missing FQ3 estimates and offering weak guidance. The research/information services provider now expects FY12 revenue of $1.515B-$1.535B and EPS of $3.77-$3.89, below a consensus of $1.57B and $3.98. The disappointing performance is blamed on poor non-subscription sales, which in turn are attributed to customers delaying capital decisions. (PR)
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