IHS Stock Recent News

IHS Holding's (IHS) strategic efforts align with the digital economy objectives of the federal government of Nigeria.

IHS Holding beat on revenue but missed earnings estimates in its latest quarter. Results were primarily hurt by foreign currency headwinds, given the ongoing devaluation of the Nigerian naira.

IHS Holding Limited. (NYSE:IHS ) Q3 2023 Earnings Conference Call November 14, 2023 8:30 AM ET Company Participants Colby Synesael - Executive Vice President, Communications Sam Darwish - Chairman and CEO Steve Howden - Chief Financial Officer Conference Call Participants Greg Williams - TD Cowen Phil Cusick - JPMorgan Brett Feldman - Goldman Sachs Michael Rollins - Citi Operator Good day and welcome to the IHS Holding Limited Earnings Results Call for the three-month period ended September 30, 2023.

IHS Holding (IHS) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of $0.18. This compares to loss of $0.53 per share a year ago.

IHS Holding Limited (NYSE:IHS ) Q2 2023 Earnings Conference Call August 15, 2023 8:30 AM ET Company Participants Colby Synesael - Executive Vice President, Communications Sam Darwish - Chairman and CEO Steve Howden - Chief Financial Officer Conference Call Participants Bora Lee - RBC Capital Markets Phil Cusick - JPMorgan Greg Williams - TD Cowen Eric Luebchow - Wells Fargo Michael Rollins - Citi Brett Feldman - Goldman Sachs Stella Cridge - Barclays Operator Thank you for standing by. And welcome to the IHS Holding Limited Second Quarter 2023 Earnings Results.

IHS Holdings seems well-positioned to capitalize on the growth of emerging markets, offering essential services in regions experiencing rapid population and GDP growth, and increasing 4G and smartphone usage. Despite the short-term negative impact of the Naira depreciation, IHS's FX reset mechanism and yearly escalators linked to the local Consumer Price Index help mitigate the currency devaluation. The new FX policy is expected to have a positive impact on IHS's net debt and improve liquidity, potentially closing the valuation gap against peers.

IHS Holding (IHS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

In 2022, IHS executed well on the key parts of the investment thesis, diversified its portfolio, grew with existing customers and initiated a large program for cost efficiency. There's still a meaningful valuation gap to its peers after considering the higher growth rate and lower profitability of IHS.

The consensus price target hints at a 99.4% upside potential for IHS Holding (IHS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

IHS Holding Ltd (NYSE:IHS ) Q4 2022 Earnings Conference Call March 28, 2023 8:30 AM ET Company Participants Colby Synesael - EVP, Communications Sam Darwish - Chairman & Group CEO Steve Howden - EVP & Group CFO Conference Call Participants Philip Cusick - JPMorgan Chase & Co. Michael Rollins - Citigroup Gregory Williams - TD Cowen Brett Feldman - Goldman Sachs Group Eric Luebchow - Wells Fargo Securities Stella Cridge - Barclays Bank Operator Good day, and welcome to the IHS Holdings Limited Earnings Results Call for the 3-month and Full Year period ended December 31, 2022. Please note that today's conference is being webcast and recorded.