Aug. 11 at 6:03 PM
$IHS If you are following
$APLD or
$CRWV then take a look at
$IHS for a cash flow generating infrastructure play. They are generating piles of cash and I do wonder if they will be the next company to pivot to AI Infrastructure.
Q2 earnings are out tomorrow and I expect a revenue and EPS beat with increased FY guidance.
In Q1, IHS guided FY2025 using a conservative ₦1,640/$ average FX rate. In Q2, the naira was materially stronger than that assumption, translating into higher USD-reported revenue and a non-cash FX gain from revaluing USD debt.
This could add
$10–15M to revenue and
$0.06–
$0.08 to EPS versus consensus, pushing results well above the current
$417.9M /
$0.05 expectations.
Earnings due Aug 12 pre-market – FX tailwind alone could drive a big beat.
