IHS Holding Reports Q1 Beat, Reiterates Guidance

IHS Holding Limited (NYSE:IHS) is set to release its first-quarter 2025 earnings on May 20, 2025. The company, known for its communication infrastructure solutions, is expected to report earnings per share of $0.17, with projected revenue of approximately $409 million. IHS operates in a competitive market, providing essential services like fiber, Distributed Antenna Systems, and data centers.

The Zacks Consensus Estimate anticipates earnings of 17 cents per share, with revenues projected at $421.3 million. Over the past 60 days, earnings estimates have been revised upward by 21.4%, indicating a significant increase of 342.9% compared to the previous year. This suggests a positive outlook for IHS, driven by strong demand for high-speed, reliable connectivity.

Despite the optimistic projections, IHS has a challenging earnings surprise history. The company has exceeded the Zacks Consensus Estimate only once in the last four quarters, with an average negative surprise of 46.6%. However, in the most recent quarter, IHS delivered a remarkable earnings surprise of 812.5%, showcasing its potential for significant performance improvements.

IHS is capitalizing on the growing demand for communication infrastructure, particularly in emerging markets like Latin America and Africa. The surge in mobile adoption and high-bandwidth applications in these regions are key factors contributing to the company's positive outlook. IHS's focus on new revenue streams, such as colocations and lease amendments, is expected to drive future growth.

Financially, IHS has a price-to-sales ratio of approximately 1.22, indicating the market's valuation of its revenue. The enterprise value to sales ratio stands at about 3.16, reflecting the company's total valuation in relation to its sales. However, the negative debt-to-equity ratio of about -8.58 may suggest financial leverage concerns, which investors should monitor closely.

IHS Holding (NYSE:IHS) is a prominent player in the communication infrastructure industry. The company provides essential services and solutions that support the telecommunications sector. Despite facing financial challenges, IHS has shown resilience in its recent earnings report, which has caught the attention of investors and analysts alike.

On March 18, 2025, IHS reported earnings per share (EPS) of $0.73, significantly surpassing the estimated $0.08. This impressive performance marks a substantial increase from the $0.46 per share reported in the same quarter last year, as highlighted by Zacks. The earnings surprise for this quarter was a remarkable 812.5%, showcasing the company's ability to outperform expectations.

In terms of revenue, IHS achieved approximately $437.8 million, exceeding the estimated $390.5 million. This figure surpassed the Zacks Consensus Estimate by 5.82%, although it represents a decline from the $509.78 million reported in the same period the previous year. Despite this decline, IHS has consistently exceeded consensus revenue estimates in the past four quarters.

IHS's stock is valued at less than its sales revenue, with a price-to-sales ratio of about 0.80. The enterprise value to sales ratio is approximately 2.90, providing insight into the company's valuation relative to its sales. The enterprise value to operating cash flow ratio is around 16.62, indicating how the company's valuation compares to its cash flow from operations.

The company maintains a current ratio of approximately 1.15, suggesting a reasonable level of short-term financial health. This indicates that IHS has a slightly higher level of current assets compared to its current liabilities, which is a positive sign for its liquidity.

IHS Holding (NYSE:IHS) is a prominent player in the communication infrastructure industry. The company provides essential services and solutions that support the telecommunications sector. Despite facing financial challenges, IHS has shown resilience in its recent earnings report, which has caught the attention of investors and analysts alike.

On March 18, 2025, IHS reported earnings per share (EPS) of $0.73, significantly surpassing the estimated $0.08. This impressive performance marks a substantial increase from the $0.46 per share reported in the same quarter last year, as highlighted by Zacks. The earnings surprise for this quarter was a remarkable 812.5%, showcasing the company's ability to outperform expectations.

In terms of revenue, IHS achieved approximately $437.8 million, exceeding the estimated $390.5 million. This figure surpassed the Zacks Consensus Estimate by 5.82%, although it represents a decline from the $509.78 million reported in the same period the previous year. Despite this decline, IHS has consistently exceeded consensus revenue estimates in the past four quarters.

IHS's stock is valued at less than its sales revenue, with a price-to-sales ratio of about 0.80. The enterprise value to sales ratio is approximately 2.90, providing insight into the company's valuation relative to its sales. The enterprise value to operating cash flow ratio is around 16.62, indicating how the company's valuation compares to its cash flow from operations.

The company maintains a current ratio of approximately 1.15, suggesting a reasonable level of short-term financial health. This indicates that IHS has a slightly higher level of current assets compared to its current liabilities, which is a positive sign for its liquidity.

IHS Holding Limited (NYSE:IHS) reported its Q1 earnings results last week, posting revenues and EBITDA higher than the Street estimates.

Q1 revenue was $602.5 million, above the Street estimate of $569.85 million. Revenues included a $48 million non-recurring customer payment in Nigeria. EPS came in at $ 0.03, compared to the Street estimate of $0.18.

Management reiterated its previously provided 2023 guidance despite the beat, taking a cautious stance in light of expected FX volatility. For 2023, the company expects revenue to be in the range of $2.190-2.220 billion, compared to the Street estimate of $2.207 billion.

IHS Holding Limited (NYSE:IHS) reported its Q1 earnings results last week, posting revenues and EBITDA higher than the Street estimates.

Q1 revenue was $602.5 million, above the Street estimate of $569.85 million. Revenues included a $48 million non-recurring customer payment in Nigeria. EPS came in at $ 0.03, compared to the Street estimate of $0.18.

Management reiterated its previously provided 2023 guidance despite the beat, taking a cautious stance in light of expected FX volatility. For 2023, the company expects revenue to be in the range of $2.190-2.220 billion, compared to the Street estimate of $2.207 billion.

IHS Holding Limited (NYSE:IHS) reported its first quarterly results post-IPO. Q3 results came in better than expected on broad outperformance across the company’s geographical segments. Subsequent to quarter end, the company announced its expansion into South Africa and closed on its acquisition of TIM Fiber in Brazil.

Management did not provide guidance for 2021. Management guidance for 2022 is expected with the release of Q4 results. Analysts at RBC Capital anticipate 2021 revenue/EBITDA to be $1,561/$922 million. For 2022, the analysts expect revenue/EBITDA to be $1,749/$1,000 million.