S&P Global Reiterates FY23 Outlook - Update

RTTNews | 650日前
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.

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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...
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Canadian Stocks Up Firmly In Positive Territory

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