IHS Inc. (IHS) reported third quarter adjusted EPS of $1.49 Thursday morning, up from $1.27 last year. Analysts expected EPS of $1.44. The company also increased its full year 2014 adjusted EPS forecast to between $5.70 and $5.80, from prior expectations of $5.50 to $5.85. The consensus estimate is for EPS of $5.80.
IHS has been declining since the open of trade Thursday and is now down 6.25 at $132.37. The stock has dropped to over a 1-month low and has fallen below its 50-day moving average.
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