S&P Global Stock News

SPGI reports impressive revenue growth of 16% in Q2, driven by the Ratings Division and the successful integration of IHS Markit. S&P Global raises full-year financial guidance, expecting revenue growth of 8-10% and adjusted operating margin expansion. Stock valuation at a high P/E ratio of 36x, suggesting a Hold rating with potential buying opportunities during corrections of 15% or more.

S&P Global Inc. beat second-quarter earnings estimates, with its revenue and earnings per share exceeding expectations. The company's diversified revenue streams, including indices, mobility, commodity insights, ratings, and market intelligence, contribute to its growth potential. Refinancing opportunities might occur in the short term, while long-term growth in the firm's mobility and market i...

S&P Global Inc. raised full-year revenue guidance to 8%-10% in Q2 FY24, with 33% growth in the Ratings business. Strong recovery in bond insurance and robust growth in all types of debts drove the company's performance. Forecasting 11.4% revenue growth for FY24, with a fair value of $550 per share and potential downside risk due to the CEO succession plan.

S&P Global Inc. (NYSE:SPGI ) Q2 2024 Earnings Conference Call July 30, 2024 8:30 AM ET Company Participants Mark Grant - SVP of IR Doug Peterson - President & CEO Chris Craig - Interim CFO Martina Cheung - President, S&P Global Ratings Conference Call Participants Ashish Sabadra - RBC Capital Markets Manav Patnaik - Barclays George Tong - Goldman Sachs Faiza Alwy - Deutsche Bank Heather Balsky ...

NEW YORK , July 30, 2024 /PRNewswire/ -- S&P Global (NYSE: SPGI) today reported second quarter 2024 results. The Company's earnings release and supplemental materials are available at http://investor.spglobal.com/Quarterly-Earnings.

The market has been running hot in 2024, with S&P 500 up 13.9% year-to-date. Market experienced its first 2% or more pullback in 356 trading days, yesterday. Investors should be cautious with earnings season in full-swing amidst sky-high expectations and lofty valuations.

Dividend aristocrats are stocks with at least 25 years of consecutive annual dividend growth. These “regal” dividend stocks are often considered some of the highest-quality long-term stocks to buy and hold.

Given the shift of delayed new vehicle purchases which stemmed from the dealer management software cyberattack, the pace of sales in July is expected to realize a notable boost SOUTHFIELD, Mich. , July 24, 2024 /PRNewswire/ -- S&P Global Mobility projects new light vehicle sales volume in July 2024 to reach 1.32 million units, up approximately 1% year over year.