S&P Global (SPGI) Reports Earnings Tomorrow: What To Expect
Financial intelligence company S&P Global (NYSE:SPGI) will be reporting results this Tuesday before the bell. Here’s what to expect.
S&P Global beat analysts’ revenue expectations by 1.3% last quarter, reporting revenues of $3.89 billion, up 8.8% year on year. It was a strong quarter for the company, with and .
Is S&P Global a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting S&P Global’s revenue to grow 8.7% year on year to $3.90 billion, slowing from the 14% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $4.33 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. S&P Global has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 2.2% on average.
Looking at S&P Global’s peers in the financial exchanges & data segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Nasdaq delivered year-on-year revenue growth of 13.4%, beating analysts’ expectations by 1.4%, and Intercontinental Exchange reported revenues up 7.8%, topping estimates by 1.2%. Nasdaq traded down 1.8% following the results while Intercontinental Exchange was up 2.5%.
Read our full analysis of Nasdaq’s results here and Intercontinental Exchange’s results here.
The outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. While some of the financial exchanges & data stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 3.7% on average over the last month. S&P Global is down 19.2% during the same time and is heading into earnings with an average analyst price target of $622.74 (compared to the current share price of $439.67).
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