S&P Global Boosts FY24 Outlook - Update

RTTNews | 489 วันที่ผ่านมา
S&P Global Boosts FY24 Outlook - Update

(RTTNews) - 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.

For fiscal 2024, the company now projects earnings in a range of $10.80 to $11.05 per share and adjusted earnings in a range of $13.85 to $14.10 per share on revenue growth of 6 to 8 percent.

Previously, the company expected earnings in a range of $10.70 to $10.95 per share and adjusted earnings in a range of $13.75 to $14.00 per share on revenue growth of 5.5 to 7.5 percent.

On average, 21 analysts polled by Thomson Reuters expect the company to report earnings of $14.11 per share on revenue growth of 7.5 percent to $13.43 billion for the year. Analysts' estimates typically exclude special items.

For the full year 2024, the Company expects to return approximately 85% of adjusted free cash flow to shareholders through dividends and share repurchases.

The Board of Directors has also authorized a quarterly cash dividend of $0.91. The Company expects to execute additional share repurchases totaling approximately $1.3 billion through the third quarter of 2024.

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

แท็ก : SPGI
read more
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 | 357 วันที่ผ่านมา
S&P Global Reiterates FY23 Outlook - Update

S&P Global Reiterates FY23 Outlook - Update

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.
RTTNews | 762 วันที่ผ่านมา
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 19 นาทีที่ผ่านมา
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
RTTNews | 34 นาทีที่ผ่านมา
Swiss Market Settles Modestly Higher

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
RTTNews | 1 ชม. 17 นาทีที่ผ่านมา
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.
RTTNews | 1 ชม. 25 นาทีที่ผ่านมา
Thai Bourse May Halt Losing Streak On Thursday

Thai Bourse May Halt Losing Streak On Thursday

The Thai stock market has moved lower in back-to-back sessions, slipping almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may stop the bleeding on Thursday.
RTTNews | 1 ชม. 34 นาทีที่ผ่านมา