SPGI Stock Recent News

S&P Global (SPGI) gains from diverse service offerings and shareholder-friendly policies.

S&P Global (SPGI) Market Intelligence has integrated Nikkei's news into S&P Capital IQ Pro, enhancing user access to crucial insights on APAC markets and economies.

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

S&P Global has seen a 30% total return on its shares this year, making it one of the best performers in the market. The company reported an 11% revenue growth rate in 3Q23, driven by a well-executed strategy and margin expansion. S&P Global expects to achieve its medium-term targets of 7-9% organic revenue growth for 2025 and 2026, despite short-term volatility.

Increase in demand for risk mitigation, cost reduction and productivity improvement solutions is likely to help the Zacks Business - Information Services industry prosper. SPGI, VRSK and DNB are well-poised to benefit from this surge.

S&P Global (SPGI) is gaining from new service offerings and innovative acquisitions.

S&P Global Inc. (NYSE:SPGI ) Goldman Sachs 2023 US Financial Services Conference December 5, 2023 4:20 PM ET Company Participants Ewout Steenbergen - Executive Vice President and Chief Financial Officer Conference Call Participants George Tong - Goldman Sachs George Tong Okay. Let's go ahead and get started.

S&P Global's 3Q23 performance was exceptional, beating revenue estimates and showing growth across all segments. The growth outlook for S&P Global remains strong, with raised revenue guidance and strong billing projections for debt issuance. Despite extended sales cycles, larger deal sizes and the normalization of growth in the Ratings segment indicate a positive outlook for the company.

S&P Global is a top pick for long-term investment due to its strong performance, recent dip in stock price, and high-quality services. The company operates in five main business segments, including credit ratings, market intelligence, commodity insights, mobility, and indices, all of which have shown growth in Q3. SPGI has a 50-year track record of annual dividend increases and is expected to continue growing its dividend at a double digit pace.

It's not every day that the financial information company's stock trounces its signature index. This happened because of an estimates-beating quarter.