S&P Global Reiterates FY23 Outlook - Update

RTTNews | 650 days ago
Stocktwits
S&P Global Reiterates FY23 Outlook - Update

(RTTNews) - While reporting financial results for the second quarter on Thursday, data giant S&P Global, Inc. (SPGI) reiterated its earnings, adjusted pro forma earnings and adjusted pro forma revenue growth guidance for the full-year 2023.

For fiscal 2023, the company now projects earnings in a range of $8.65 to $8.85 per share and adjusted pro forma earnings in a range of $12.35 to $12.55 per share on revenue growth of 10 to 12 percent and adjusted pro forma revenue growth of 4 to 6 percent.

On average, 22 analysts polled by Thomson Reuters expect the company to report earnings of $12.58 per share on revenues of $12.40 billion for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: SPGI
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SEC Fines Moody's, S&P, Other Credit Rating Agencies Over Recordkeeping Failures

SEC Fines Moody's, S&P, Other Credit Rating Agencies Over Recordkeeping Failures

The U.S. Securities and Exchange Commission has fined six major credit rating organizations a total of $49 million for significant failures to maintain and preserve electronic communications. Admitting the facts in their respective SEC orders, Moody's Investor Service Inc. and S&P Global Ratings agreed to pay a $20 million civil penalty each. Further, Fitch Ratings Inc. agreed to pay $8 million...
RTTNews | 245 days ago
S&P Global Boosts FY24 Outlook - Update

S&P Global Boosts FY24 Outlook - Update

While reporting financial results for the first quarter on Thursday, data giant S&P Global, Inc. (SPGI) raised its earnings, adjusted earnings and revenue growth guidance for the full-year 2024.
RTTNews | 377 days ago
German Factory Orders Rebound Ahead Of U.S. Tariffs

German Factory Orders Rebound Ahead Of U.S. Tariffs

Germany's factory orders grew more than expected in March as U.S. manufacturers front-loaded their orders to avoid higher tariffs, official data revealed Wednesday. Factory orders advanced 3.6 percent month-on-month in March after remaining flat in February, Destatis reported. Orders are forecast to grow 1.4 percent.
RTTNews | 1h 8min ago
Bay Street Likely To Open Higher

Bay Street Likely To Open Higher

Canadian shares may open higher on Wednesday amid renewed hopes the U.S. and China will agree on a positive trade deal. The focus is also on the Federal Reserve's monetary policy announcement later in the day.
RTTNews | 2h 16min ago
FTSE Modestly Lower In Cautious Trade

FTSE Modestly Lower In Cautious Trade

The U.K. market is modestly lower on Wednesday as investors largely tread cautiously, digesting earnings and regional economic data, and awaiting the monetary policy announcements from the Federal Reserve and the Bank of England.
RTTNews | 3h 56min ago
UK Construction Sector Continues To Shrink

UK Construction Sector Continues To Shrink

The UK construction activity continued to contract in April as business uncertainty and concerns about economic outlook damped client demand, survey data from S&P Global showed on Wednesday. The construction Purchasing Managers' Index rose unexpectedly to 46.6 in April from 46.4 in March. This was the slowest decline in output levels for three months.
RTTNews | 3h 59min ago
CAC 40 Moderately Lower Ahead Of Fed Policy Announcement

CAC 40 Moderately Lower Ahead Of Fed Policy Announcement

French stocks are down in negative territory Wednesday morning with investors making cautious moves, reacting to earnings, and awaiting the Federal Reserve's monetary policy announcement, due later in the day.
RTTNews | 4h 23min ago
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