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NEW YORK - S&P Global Inc. (NYSE:SPGI) reported third quarter earnings that exceeded analyst expectations on Thursday.
The company’s shares were up 3.16% in pre-market trading following the results.
The financial information and analytics provider posted adjusted earnings per share of $4.73 for the third quarter, beating analyst estimates of $4.38 by $0.35. Revenue came in at $3.89 billion, surpassing the consensus estimate of $3.81 billion and marking continued growth for the company.
The company’s shares climbed 3.16% following the announcement, reflecting investor confidence in S&P Global’s performance. The strong quarterly results were complemented by an upward revision to the company’s full-year revenue outlook.
For fiscal year 2025, S&P Global provided revenue guidance of $17.6-17.85 billion, with the midpoint of $17.73 billion exceeding the analyst consensus of $17.38 billion. However, the company’s earnings guidance of $14.80-$15.05 per share fell short of analyst expectations of $15.19.
S&P Global continues to benefit from strong demand for its credit ratings, benchmarks, analytics, and workflow solutions. The company serves governments, businesses, and individuals worldwide with data and expertise to help them make informed decisions.
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