Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
IHS Holding (IHS)
NYSE:IHS
Holding IHS?
Track your performance easily
Earnings Data
Report Date
Mar 18, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.01Last Year’s EPS
-$1.36Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 12, 2024
|% Change Since: 16.61%
|Next Earnings Date:Mar 18, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook with strong organic revenue growth and strategic contract renewals offset by significant foreign exchange challenges and a high leverage ratio. While there was positive momentum in adjusted EBITDA and cash flow generation, external economic factors, particularly in Nigeria and Brazil, posed challenges.Company Guidance
During the IHS Holding Limited Q3 2024 earnings call, the company provided guidance indicating a strong performance across key metrics despite facing significant foreign exchange challenges. The Naira devaluation posed a $265 million headwind year-on-year, but forex resets helped mitigate this impact. Organic revenues saw a significant 49% increase compared to Q3 2023, driven by forex resets and growth in colocation, lease amendments, and new sites. Adjusted EBITDA grew over 3% year-on-year to $246 million with a margin of 58.5%, highlighting the company's financial resilience. The company revised its full-year 2024 CapEx guidance down, now estimated between $270 million to $300 million, due to improved capital allocation and CapEx optimization. IHS remains confident in reaching the upper end of its 2024 revenue, adjusted EBITDA, and adjusted levered free cash flow (ALFCF) guidance, while maintaining a target leverage ratio of 3x to 4x.Organic Revenue Growth
The company saw a 49% organic revenue growth in Q3 2024 compared to Q3 2023, primarily driven by FX resets, power, and CPI escalations.
Adjusted EBITDA Increase
Adjusted EBITDA grew over 3% year-on-year to $246 million, with a margin increase of 750 basis points year-on-year to 58.5%.
MTN Nigeria Contract Renewal
Renewed and extended all tower contracts with MTN in Nigeria through 2032, covering nearly 13,500 tenancies and approximately 23,800 lease amendments.
CapEx Reduction
CapEx decreased by 34% in the quarter, aligning with the strategy of improving cash generation.
Improved Cash Flow Generation
Adjusted levered free cash flow (ALFCF) increased by approximately 2% year-over-year, driven by EBITDA performance and CapEx optimization.
Strategic Review Progress
The company is progressing towards its goal of unlocking shareholder value, with plans to raise $500 million to $1 billion primarily for debt reduction.
---
IHS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
IHS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $2.77 | $2.64 | -4.69% |
| Aug 13, 2024 | $2.80 | $3.28 | +17.14% |
| May 14, 2024 | $3.85 | $3.31 | -14.03% |
| Mar 12, 2024 | $2.51 | $2.52 | +0.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does IHS Holding (IHS) report earnings?
IHS Holding (IHS) is schdueled to report earning on Mar 18, 2025, TBA Not Confirmed.
What is IHS Holding (IHS) earnings time?
IHS Holding (IHS) earnings time is at Mar 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IHS EPS forecast?
IHS EPS forecast for the fiscal quarter 2024 (Q4) is $0.01.
---