TSX drops after Canadian index edges higher in prior session
NEW YORK - S&P Global Inc. (NYSE:SPGI) reported third quarter earnings that exceeded analyst expectations on Thursday, sending shares up 2.5% premarket as investors responded positively to the company’s strong performance.
The financial information and analytics provider posted adjusted earnings per share of $4.73 for the third quarter, beating the analyst consensus of $4.38 by $0.35. Revenue came in at $3.89 billion, surpassing the $3.81 billion estimate and representing growth from the same quarter last year.
"Our third quarter results demonstrate the strength of our diverse portfolio and our ability to execute effectively in a dynamic market environment," said Martina Cheung, President and Chief Executive Officer of S&P Global.
For the full year 2025, S&P Global provided revenue guidance of $17.6-17.85 billion, above the analyst consensus of $17.38 billion. However, the company’s earnings guidance of $14.80-$15.05 per share falls short of the $15.19 analyst estimate. The midpoint of the company’s EPS guidance ($14.93) is below the consensus figure.
The company also announced it will host an Investor Day on November 13 in New York City, where management will discuss S&P Global’s strategy with specific focus on go-to-market initiatives and technology, as well as provide an update on financial targets.
S&P Global provides essential intelligence services including credit ratings, benchmarks, analytics and workflow solutions to governments, businesses and individuals in the global capital, commodity and automotive markets.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.