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S&P Global Inc. reported strong financial results for the third quarter of 2024, with adjusted earnings per share (EPS) of $3.89, surpassing analysts' expectations of $3.64. The company's revenue reached $3.575 billion, exceeding the forecast of $3.43 billion, marking a 16% year-over-year increase. Additionally, S&P Global's GAAP net income rose by 31% to $971 million, and GAAP diluted EPS increased by 33% to $3.11. For the full fiscal year, the company projects adjusted EPS between $15.10 and $15.30, above the previous estimate of $14.87, and anticipates revenue growth of 11.5% to 12.5%, an increase from the prior guidance of 8% to 10%. The company's market capitalization stands at approximately $159.86 billion.
$SPGI Earnings: - Quarterly revenue achieved a new record of $3.575 billion, increasing 16% year over year. - Third quarter GAAP net income increased 31% to $971 million and GAAP diluted earnings per share increased 33% to $3.11 as higher net income was driven primarily by… https://t.co/vXAgHZGza7
$SPGI Q3 2024 Adj. EPS 3.89 (exp. 3.64) Revenue 3.575bln (exp. 3.43bln). FY adj. EPS view 15.10-15.30 (exp. 14.87) FY revenue view +11.5-12.5% (prev. +8-10%)
$SPGI | S&P Global Q3 2024 Earnings Adj Eps $3.89 (est $3.64) Rev. $3.583 (est $3.43B) Sees FY Adj Eps $15.10 To $15.30 (est $14.87) Sees FY Revenue As Reported +11.5% to +12.5%