LOGO
LOGO

Quick Facts

S&P Global Q3 Profit Surges, Beats Estimates; Lifts FY25 Outlook

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

S&P Global Inc. (SPGI) Thursday announced a 31 percent increase in third-,quarter earnings, while revenues grew by 16 percent from the prior year. Earnings per share for the three-month period came in below estimates.

Further, the company raised its earnings per share expectation for the full year in the range of $11.95 - $12.15, and adjusted earnings in the range of $15.10 - $15.30. Revenue growth for the full year is expected to be 11.5 to 12.5 percent. Analysts are looking for $14.86 per share on revenue of $13.79 billion.

Quarterly earnings were $971 million or $3.11 per share, up from $742 million or $2.33 per share a year ago. On an adjusted basis, earnings were $1.210 billion or $3.89 per share.

On average, 18 analysts polled by Thomson Reuters expected the company to earn $3.64 per share. Analysts estimates usually exclude special items.

Revenue for the quarter increased to $3.575 billion from $3.084 billion in the prior year. Wall Street expected revenue of 3.43 billion.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - December 22 - 26, 2025

December 26, 2025 08:42 ET
Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.