S&P Global (SPGI) reported earnings 30 days ago. What's next for the stock?
S&P Global (SPGI) is benefiting from the growing demand for business information services.
Increased demand for risk mitigation, cost reduction, and productivity improvement solutions will likely help the Zacks Business - Information Services industry prosper. SPGI, VRSK and TRU are well-poised to benefit from this surge.
SPGI reports impressive revenue growth of 16% in Q2, driven by the Ratings Division and the successful integration of IHS Markit. S&P Global raises full-year financial guidance, expecting revenue growth of 8-10% and adjusted operating margin expansion. Stock valuation at a high P/E ratio of 36x, suggesting a Hold rating with potential buying opportunities during corrections of 15% or more.
S&P Global's (SPGI) second-quarter 2024 earnings and revenues increase year over year.
Although the revenue and EPS for S&P Global (SPGI) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
S&P Global (SPGI) came out with quarterly earnings of $4.04 per share, beating the Zacks Consensus Estimate of $3.67 per share. This compares to earnings of $3.12 per share a year ago.
S&P Global (SPGI) could produce exceptional returns because of its solid growth attributes.
Does S&P Global (SPGI) have what it takes to be a top stock pick for momentum investors? Let's find out.
Evaluate the expected performance of S&P Global (SPGI) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
S&P Global's (SPGI) second-quarter 2024 top line is likely to have gained from a rise in revenues across all segments.
S&P Global (SPGI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.